On Janary $1,2024.$ Pantry Conpany purchased $75$z of the ontstanding coneon stock of Spice Conpany for $$180,000.$ A

retained earnings. $$37,000.$ Assuee that any difference betreen book palse of equity and the ralue ieplied by the purchas

Instrections: Prepare a consolidated porkpaper on Decenber $31,2025$

Coneolidated Statemente Workpoper

For the Year Ended December $31,2025$

$H^{\text{'}}{w}^{\text{'}}4-6$

Balance Sheet

Cosh

Accounte Receivable

Inventory $12/31$

Inveatment in Spice

Difference biw Implied & Book Volue

Plant and Equipment

Land

Totsl

Accounte Paysble

Other Lisbilitice

Common Stock

Pontry Compony

Spice Company

Other Contributed Copital

Pontry Company

Spice Compony

$11$ Noncontrolling Intereet

$12/31$ Noncontrolling Interest

Total