Mega Corporation purchased 90 percent of Tarp Companys voting common shares on January 1, 20X2, at underlying book value. At that date, the fair value of the noncontrolling interest was equal to 10 percent of the book value of Tarp Company. Mega also purchased $97,000 of 6 percent, five-year bonds directly from Tarp on January 1, 20X2, for $101,000. The bonds pay interest annually on December 31. The trial balances of the companies as of December 31, 20X4, are as follows:

Mega Corporation						Tarp Company
Item	Debit			Credit			Debit			Credit
Cash & Receivables	$	37,000					$	51,600
Inventory		169,000						93,000
Buildings & Equipment		403,000						259,000
Investment in Tarp Company Stock		116,262
Investment in Tarp Company Bonds		98,600
Cost of Goods Sold		79,000						72,800
Depreciation Expense		18,000						13,000
Interest Expense		15,820						5,020
Dividends Declared		28,000						18,000
Accumulated Depreciation				$	124,000					$	64,000
Current Payables					118,800						111,820
Bonds Payable					197,000						97,000
Bond Premium											1,600
Common Stock					107,000						67,000
Retained Earnings					225,000						37,000
Sales					149,000						134,000
Interest Income					5,020
Income from Tarp Co.					38,862
Total	$	964,682		$	964,682		$	512,420		$	512,420

a.

Prepare the journal entry or entries for 20X4 on Megas books related to its investment in Tarp Company stock. b. Prepare the journal entry or entries for 20X4 on Megas books related to its investment in Tarp Company bonds. c. Prepare the journal entry or entries for 20X4 on Tarps books related to its bonds payable. d. Prepare the consolidation entries needed to complete a consolidated worksheet for 20X4. e. Prepare a three-part consolidated worksheet for 20X4.