Hello this the continuation of the prior Problem. Can you please help me?

The document is attached!

The GAGA and BIEBER COMPANIES had the following balance sheets on 1/1/2016 GAGA BIEBER CASH 500000 15000 ACCOUNTS RECEIVABLE 400000 3000 LAND 500000 50000 EQUIPMENT 400000 25000 10000 5000 TOTAL ASSETS 1790000 88000 ACCOUNTS PAYABLE 300,000 40,000 COMMON STOCK 10 PAR 400000 30000 ADDITIONAL PAID IN CAPITA 300000 10000 RETAINED EARNINGS 790,000 8,000 A/D EQUIPMENT On January 2nd 2016 GAGA purchased 70% of the outstanding shares of BIEBER BY ISSUING 100 BIEBER'S LAND WAS WORTH $55000 AND ITS EQUIPMENT WITH A 5 YEAR LIFE WAS WORTH $10 IN ADDITION, BIEBER HAD A CUSTOMER LIST WITH A 10 YEAR LIFE WORTH $12000 ANY EXCESS I GAGA HAS DECIDED THAT BIEBER WILL CONTINUE TO EXIST. REQUIRED A) MAKE THE JOURNAL ENTRY GAGA MAKES WHEN IT ISSUES ITS SHARES TO ACQUIRE BIEBER B) MAKE THE JOURNAL ENTRY BIEBER MAKES WHEN ITS OWNERS EXCHANGE THEIR BIEBER SHA C) PREPARE A CONSOLIDATED BALANCE SHEET ON JANUARY 3RD D) MAKE ANY NECESSARY WORKSHEET ENTRIES NEEDED TO PREPARE THE BALANCE SHEET EBER BY ISSUING 1000 SHARES OF ITS STOCK WHICH HAS A $75 MARKET PRICE PER SHARE At this time IFE WAS WORTH $10,000 $12000 ANY EXCESS IS ATTRIBUTABLE TO GOODWILL O ACQUIRE BIEBER GE THEIR BIEBER SHARES FOR GAGA SHARES ALANCE SHEET HARE At this time NOTE: THIS IS A CONTINUATION OF PROBLEM 3 ON 12/31/2016 BIEBER AND GAGA HAVE THE FOLLOWING FINANCIAL STATEMENTS INCOME STATEMENT FOR 2016 BIEBER GAGA SALES 9000 800000 COST OF GOODS SOLD 4000 400000 GROSS PROFIT 5000 400000 DEPRECIATION EXPENSE 4000 78000 INVESTMENT INCOME INCOME 0 A 1000 B BALANCE SHEET BIEBER CASH GAGA 19000 822700 3000 400000 LAND 50000 500000 EQUIPMENT 25000 400000 9000 88000 ACCOUNTS RECEIVABLE A/D EQUIPMENT INVESTMENT IN BIEBER TOTAL ASSETS 0 C 88000 D ACCOUNTS PAYABLE 40000 300000 COMMON STOCK 10 PAR 30000 410000 ADDITIONAL PAID IN CAPITA 10000 365000 RETAINED EARNINGS 8000 E REQUIRED: YOU MAY CHOOSE ANY METHOD YOU LIKE (INITIAL VALUE, PARTIAL EQUITY OR FULL A) WHICH METHOD DID YOU CHOOSE? (initial value, partial or equity method) B) DETERMINE THE VALUES OF A THROUGH E C) MAKE THE NECESSARY JOURNAL ENTRIES GAGA MAKES DURING 2016 (AFTER JANU D) PREPARE A CONSOLIDATED INCOME STATEMENT FOR 2016 E) PREPARE A CONSOLIDATED BALANCE SHEET ON 12/31/16. TEMENTS RTIAL EQUITY OR FULL EQUITY) al or equity method) RING 2016 (AFTER JANUARY 3RD) REGARDING ITS INVESTMENT IN BIEBER