I just need the answers, thanks.

please see attached, it looks clear on my end.

Pie Corporation acquired 75 percent of Slice Company's ownership on January 1, 20X8, for $96.000. At that date, the fair value of the noncontrolling interest was $32,000. The book value of Slice's net assets at acquisition was $100,000. The book values and fair values of Slice's assets and liabilities were equal, except for Slice's buildings and equipment, which were worth $20,000 more than book value. Accumulated depreciation on the buildings and equipment was $30,000 on the acquisition date Buildings and equipment are depreciated on a 10-year basis. Although goodwill is not amortized, the management of Pie concluded at December 31, 20X8. that goodwill from its purchase of Slice shares had been impaired and the correct carrying amount was $2,500. Goodwill and goodwill impairment were assigned proportionately to the controlling and noncontrolling shareholders. Investment in Slice Co. Stock $96,375. No additional impairment occurred in 20X9. slice Company Debit Credit $ 32,900 14,000 24,000 25, age 150,000 35,000 Trial balance data for Pie and Slice on December 31, 20X9, are as follows: Pie Corporation Item Debit Credit Cash $ 68,500 Accounts Receivable 85,000 Inventory 97,000 Land 50,000 Buildings & Equipment 350,000 Investment in Slice Company 106,875 Cost of Goods Sold 145,000 Wage Expense Depreciation Expense 25,000 Interest Expense 12,000 Other Expenses 23,000 Dividends Declared 30,000 Accumulated Depreciation $ 170,000 Accounts Payable 51,000 Wages Payable 14,000 Notes Payable 150,000 Common Stock 200,000 Retained Earnings 126,875 Sales 290,000 Income from Slice Company 25,500 $1,027,375 $1,027,375 114,000 20,000 10.000 4 000 16,000 20,000 $ 50.000 15,000 6,000 50,000 68,000 48 000 200 000 $429,000 $429, 202 Required: Required: a. Record all consolidation entries needed to prepare a three-part consolidation worksheet as of December 31, 20X9. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) view transaction list :X: . Record the basic consolidation entry. > B Record the amortized excess value reclassification entry. C Record the excess value (differential) reclassification entry. Record the optional accumulated depreciation consolidation entry. Credit Note : journal entry has been entered . - - and enter this amount in the deblt column of the worksheet. Similarly combine all credit entries into one amou amount in the credit column of the worksheet.) PIE CORPORATION AND SUBSIDIARY Worksheet rar consoldated Financial Statements December 31, 20X9 Consolidation Entries DR OR Pie arp slice 00. consolidated Income Statement Sales Less: COGS Less Wage expense Less Depreciation expense Less: Interest expense Less: Other expenses Income from Slice Company S 0 $ 0 S Consolidated net income NClin net income 0 5 05 0 S 0 S 0 $ 0! 15 C 3 Controlling Interest in Net Income Statement of Retained Earnings Beginning balance Net Income Less: Dividends declared Ending Balance s 0 IS 0 5 0 s 0 S 0 Balance Sheet Cash Accounts receivable Inventory Land Buildings and equipment Less Accumulated depreciation Investment in Slice Company Goodwill Total Assets $ O $ 5 0 S C S C Accounts payable Wages payable Notes payable Common stock Retained earnings NClin NA of Slice Company Total Liabilities and Equity IS S os 0 S OS 0 C. Prepare a consolidated balance sheet, Income statement, and retained earnings statement for 20X9. (Amounts to be deducted should be Indicated with a minus slgn.) PIE CORPORATION AND SUBSIDIARY Consolidated Balance Sheet December 31, 20X9 Assets Total Assets $ Liabilities Stockholders' Equity Controlling interest Total Controlling interest Total Stockholder's equity Total Liabilities and Stockholders' Equity O PIE CORPORATION AND SUBSIDIARY Consolidated Income Statement Year Ended December 31, 20X9 Tota expenses Consolidated net income Income to controlling interest $ o PIE CORPORATION AND SUBSIDIARY Consolidated Retained Earnings Statement Year Ended December 31, 20X9 Retained Earnings. January 1, 20X9 Income to Controlling Interest, 20X2 $ 0 Dividends Declared, 20x9 Retained Earnings. December 31, 20X0 P5-34 Consolidation Worksheet at End of Second Year of Ownership LO 5-2 Pie Corporation acquired 75 percent of Slice Company's ownership on January 1, 20X8, for $96,000. At that date, the fair value of the noncontrolling interest was $32,000. The book value of Slice's net assets at acquisition was $100,000. The book values and fair values of Slice's assets and liabilities were equal, except for Slice's buildings and equipment, which were worth $20,000 more than book value. Accumulated depreciation on the buildings and equipment was $30,000 on the acquisition date. Buildings and equipment are depreciated on a 10-year basis. Although goodwill is not amortized, the management of Pie concluded at December 31, 20X8, that goodwill from its purchase of Slice shares had been impaired and the correct carrying amount was $2,500. Goodwill and goodwill impairment were assigned proportionately to the controlling and noncontrolling shareholders. Investment in Slice Co. Stock $96,375. No additional impairment occurred in 20X9. aces slice Company Debit Credit $ 32,000 14,000 24,000 25,000 150.000 Tri balance data Pie and Slice on December 31, 20X9, are as follows: Pie Corporation Item Debit Credit Cash $ 68,500 Accounts Receivable 85,000 Inventory 97,000 Land 50,000 Buildings & Equipment 350,000 Investment in slice Company 106, 875 Cost of Goods Sold 145,000 Wage Expense 35,000 Depreciation Expense 25,000 Interest Expense 12,000 Other Expenses 23,000 Dividends Declared 30,000 Accumulated Depreciation 15 170,000 Accounts Payable 51 000 Wages Payable 14,000 Notes Payable 150,000 Common Stock 200,000 Retained Earnings 126,875 Sales 290,000 Income from Slice Company 25, 500 $1,027,375 $1,027, 375 114,000 20,000 10,000 4,000 16,000 20,000 $ 50,000 15,000 6,000 50,000 60,000 48,000 200.000 $429,000 $429,000 view transaction list CU #X: A Record the basic consolidation entry. > B Record the amortized excess value reclassification entry. C Record the excess value (differential) reclassification entry. 5 Record the optional accumulated depreciation consolidation entry. Credit Note : = journal entry has been entered Record entry Clear entry view consolidation entries So Worksheet for Consolidated Financial Statements December 31, 20X9 Consolidation Entries Pie Comp. Slice Co. DR OR consolidated Income Statement Sales Less. COGS Less: Wage expense Less. Depreciation expense Less Interest expense Less Other expenses Income from Slice Company Consolidated net income NCI in net income Controlling Interest in Net Income Statement of Retained Earnings Beginning balance Net income Less Dividends declared Ending Balance Balance Sheet S 0 $ 0 $ 0 8 0 $ 0 S OS 0 S OS 0$ O S 0 S 10 S 0 $ 0 $ Di Cash Accounts receivable Inventory Land Buildings and equipment Less. Accumulated depreciation investment in Slice Company Goodwill Total Assets S Os $ os os Accounts payable Wages payable Notes payable Common stock Retained earnings NCI in NA of Slice Company Total Liabilities and Equity $ $ 0$ 0 L. Levure u Lugunuuucu vuiune oneel, TLUMILE ILU Lciucun, uuu ielumicu cu should be indicated with a minus sign.) PIE CORPORATION AND SUBSIDIARY Consolidated Balance Sheet December 31, 20X9 Assets O Total Assets S Liabilities Stockholders' Equity: Controlling Interest: Total Controlling Interest 0 0 Total Stockholder's equity Total Liabilities and Stockholders' Equity $ 0 PIE CORPORATION AND SUBSIDIARY Consolidated Income Statement Year Ended December 31, 20X9 Total expenses 0 Consolidated net income 0 Income to controlling interest S 0 PIE CORPORATION AND SUBSIDIARY Consolidated Retained Earnings Statement Year Ended December 31, 20X9 Retained Earnings, January 1, 20x9 Income to Controlling Interest, 20X9 0 Dividends Declared, 20X9 Retained Earnings, December 31, 20X9