On January 1, 2012, Parker Company purchased 90% of Sid Company's outstanding ordinary shares for $180,000. Sid's equity at the time consisted of $120,000 of common stock; other contribution capital, $20,000; and retained earnings, $25,000. Suppose any difference between the book value of equity and the implied value of the purchase price can be attributed to the land. As of 31 December 2012, the balance sheet of the two companies is as follows:

		Parker		Sid
in advance		65.000 $		35.000 $
Accounts receivable		40.000		30.000
Inventory		25.000		15.000
Investment in Sid Company		184.500		—0—
Plant and equipment		110.000		85.000
Kara		48.500		45.000
Dividends Declared		20.000		15.000
cost of goods sold		150.000		60.000
operating expenses		35.000		15.000
Total Payables		678.000 $		300.000 $
Accounts payable		20.000 $		15.000 $
Other obligations		15.000		25.000
stock		200.000		120.000
Other Contribution Capital		70.000		20.000
Retained Profits, 1/1		55.000		25.000
Sales		300.000		95.000
Equity in Affiliate Income		18.000		—0—
Total credit		678.000 $		300.000 $

Prepare a consolidated statements worksheet dated December 31, 2012 . (Round answers to 0 decimal places, for example 5.125. List items that increase retained earnings first.)