On January 1, 2000 Apache Company acquired all of the stock of Polar Company at book value. Apache accounts for its investment in Polar using the initial value method and Polar doesn't pay any dividends.

On January 1st 2015 Polar Company issued $1,000,000 face value bonds for $930,000 These 7% bonds pay interest On January 1st 2015 Polar Company issued $1,000,000 face value bonds for $930,000 These 7% bonds pay interest.

On January 1, 2020, Apache Company acquired all of the Polar bonds for $955,000.

a) make Polar's journal entry when it sold the bonds in 2015.

b) make the journal entry Polar makes when it makes its first interest payment on July 1, 2015

c) Make the entry Apache makes when it acquires the bonds in 2020

d) Make the entry Apache makes when it receives its first journal entry on July 1, 2020

e) Make the necessary worksheet entries for 2020

f) In 2020, Apache reported unconsolidated income of $900,000 and Polar reported income of $100,000 what is consolidated income

g) make the necessary worksheet entries for 2021

h) in 2021, Apache reported unconsolidated income of $800,000 and Polar reported income $125,000 what is consolidated income