On 1/1/2017, Cali Co. acquired all of Malibu's outstanding common stock by issuing 20,000 shares of its own $1 Par Common Stock. On the acquisition date Cali Co.'s stock actively traded at $23.50 per share.

On the acquisition date, Malibu reported retained earnings of $230,000 and a total book value of $360,000.

At that date, Malibu Royalty agreements are undervalued by $60,000. The royalty agreements assume to have a useful life of 6 years, with no residual value.

Also, Malibu owned a trademark with a fair value of $40,000 with a 10 year remaining life that was not reflected on its books.

Malibu declared and paid dividends in the same accounting period.

For the consolidated worksheet, what would be Consolidated Entry S and Consolidated Entry C for 2021?