On January $12024$ Sunland Company purchased $7,504$ shares of Coronado Company's common stock for $$115,000.$ Immediately after the stock acquisition the statement of financial position of Sunland and Coranado appeared as follows: Sunland cash $40,200$ AAccountscconts receivable $49,120$ inventory $43,620$ Investment in coronado company $115,000$ plant assets $175,300$ accumulated depreciation plant assets $-54,000$ total $369,240$ Liabilities and oweners equity current liabilities $19,890$ mortage notes payable $38,160$ common stock $$10$ par value $110,030$ other contributed capital $133,340$ reatained earning $67,820$ total $369,240$ Coronado Cash $17,280$ accounts receivable $29,440$ inventory $27,090$ investment in coronado coPrprepareepare a consolidated balance sheet workpaper as of January $1,2024.$mpanyny $0\mathrm{.}00$ plant assets $113,710$ accumulated depreciation plant assets $-19,110$ total $168,410$ liabilities and owners equity current liabilties $26,870$ mortgagege notes payable $0\mathrm{.}00$ common stock $10$ par value $93,800$ other contributed capital $15,820$ retained earnings $31,920$ total $168,410$