Hello Everyone, I'm trying to help out a friend with this assignment. The numbers showing as correct by the checker, are numbers she put in. She states that the other numbers auto-populated. As can be seen, she has one value showing as incorrect, $263,000, if the consolidated total at the end of this problem line auto-populated and is assumed correct, what are we missing with the $263,000 value???? Many Thanks in advance for any and all input on this matter.

Peanut Company acquired 100 percent of Snoopy Company's outstanding common stock for $315,000 on January 1, 20X8, when the book value of Snoopy's net assets was equal to $315,000. Accumulated depreciation on this date was $17,000. Peanut chooses to carry the investment in Snoopy at cost because the investment will be consolidated. The following trial balance summarizes the financial position and operations for Peanut and Snoopy as of December 31, 20X9: Cash Accounts Receivable Inventory Investment in Snoopy Company Land Buildings & Equipment Cost of Goods Sold Depreciation Expense Selling & Administrative Expense Dividends Declared Accumulated Depreciation Accounts Payable Bonds Payable Common Stock Retained Earnings Sales Dividend Income Total Peanut Company Debit Credits 237,000 193,000 184,000 315,000 208,000 714,000 274,000 54,000 241,000 233,000 $ 502,000 62,000 135,000 498,000 586,000 833,000 37,000 $2,653,000 $2,653,000 Snoopy Company Debit Credit $ 92,000 98,000 114,000 0 110,000 215,000 132,000 17,000 75,000 37,000 $ 51,000 21,000 75,000 182,000 263,000 298,000 $890,000 $890,000 Required: a. Prepare any journal entry(ies) related to the investment in Snoopy Company during 20X9. (If no entry is required for a vanandan Avant calert No lournal entry required in the first account field.) PEANUT COMPANY AND SUBSIDIARY Consolidated Financial Statements Worksheet December 31, 20X9 Consolidation Entries Peanut Co. Snoopy DR Co. CR Consolidated $ $ Income Statement Sales Less: Cost of goods sold Less: Depreciation expense Less: Selling & Administrative expense Dividend income Net Income 833,000 (274,000) (54,000) (241,000) 37,000 301,000 298,000 (132,000) (17,000) (75,000) 0 74,000 1,131,000 (406,400) (71,000) (316,000) 37,000 37,000 $ $ $ $ 0 $ 338,000 $ $ $ Statement of Retained Earnings Beginning balance Net income Less: Dividends declared Ending Balance 263,000 37,000 586,000 301,000 (233,000) 654,000 263,000 74,000 (37,000) 300,000 586,000 338,000 (233,000) 691,000 37,000 37,000 $ $ $ 300,000 $ $ Balance Sheet