Lowell, Inc., acquires 80 percent of the outstanding common stock of Boston Corporation on January 1, 2018, in exchange for $1,078,700 cash. At the acquisition date, Bostons total fair value, including the noncontrolling interest, was assessed at $1,348,375. Also at the acquisition date, Boston's book value was $531,400. Several individual items on Bostons financial records had fair values that differed from their book values as follows: Book Value Fair Value Tradenames (indefinite life) $ 271,200 $ 442,600 Property and equipment (net, 8-year remaining life) 216,800 238,400 Patent (14-year remaining life) 142,800 172,200 For internal reporting purposes, Lowell, Inc., employs the equity method to account for this investment. The following account balances are for the year ending December 31, 2018, for both companies. Lowell Boston Revenues $ (886,200 ) $ (660,400 ) Cost of goods sold 489,900 298,400 Depreciation expense 207,700 27,100 Amortization expense 21,100 Equity in income of Boston (247,200 ) 0 Net income $ (435,800 ) $ (313,800 ) Retained earnings, 1/1/18 $ (961,200 ) $ (399,300 ) Net income (435,800 ) (313,800 ) Dividends declared 226,100 27,000 Retained earnings, 12/31/18 $ (1,170,900 ) $ (686,100 ) Current assets $ 648,500 $ 325,600 Investment in Boston 1,304,300 0 Tradenames 181,000 271,200 Property and equipment (net) 776,800 189,700 Patents 0 121,700 Total assets $ 2,910,600 $ 908,200 Accounts payable $ (107,100 ) $ (90,000 ) Common stock (226,200 ) (96,000 ) Additional paid-in capital (1,406,400 ) (36,100 ) Retained earnings (above) (1,170,900 ) (686,100 ) Total liabilities and equities $ (2,910,600 ) $ (908,200 ) At year-end, there were no intra-entity receivables or payables. Prepare a worksheet to consolidate the financial statements of Lowell, Inc. and its subsidiary Boston. (For accounts where multiple consolidation entries are required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Similarly, combine all credit entries into one amount and enter this amount in the credit column of the worksheet. Amounts in the Debit and Credit columns should be entered as positive. Negative amounts for the Noncontrolling Interest and Consolidated Totals columns should be entered with a minus sign.)