hOW DO U ELIMINATE INVESTMENT IN SUBSIDIARY and eliminate the stock owners equity account in

In January 2015, Pol acquired 75% of Sol's equity shares by means of an immediate share exchange of 2 shares in Pol for five shares in Sol. The share value of Pol and Sol's shares at 1 January 2015 were $4.00 and $3.00 respectively. In addition to the share exchange Pol will make a cash payment of $1.32 per acquired share, deferred until 1 January 2016. Pol has not recorded any of the consideration for Sol in its financial statements. Pol's cost of capital is 10% per annum.