Foxx Corporation acquired all of Greenburg Company's outstanding stock on January $1,2022,$ for

$$600,000$ cash. Greenburg's accounting records showed net assets on that date of $$470,000$ although

equipment with a $10-$year life was undervalued on the records by $$90,000.$ Any recognized goodwill

is considered to have an indefinite life.

Greenburg reports net income in $2022$ of $$90,000$ and $$100,000$ in $2023.$ The subsidiary paid

dividends of $$20,000$ in each of these two years.

Requirement: Prepare the consolidation worksheet at December $31,2024.$