Jake Corp. manufactures and sells heavy industrial equipment. On July 1, 2019 Jake sold equipment that it manufactured at a cost of P300,000 to its 100 percent owned subsidiary, Ana Company, for P400,000. Ana is depreciating the equipment over a five-year period using the straight-line method. Requirements: The equipment and accumulated depreciation that appear in the consolidated balance sheet for Jake and subsidiary at December 31, 2019 will include amounts related to this transaction of: If Jake account for its investment in Ana as a one-line consolidation, working paper entries to consolidate the financial statements of Jake and Ana for 2006 will include which of the entries