On January 1, 2013, Parent Company purchased 100% of the common stock of Subsidiary Company for $280,000. On this date. Subsidiary had total owners' equity of $240,000. On January 1, 2013, the excess of cost over book value is due to a $15,000 undervaluation of inventory, to a $5,000 overvaluation of Bonds Payable, and to an undervaluation of land, building and equipment The fair value of land is $50,000. The fair value of building is $200,000. The book value of the land is $30,000. The book value of the building is $180,000. a. Complete schedule for determination and distribution of the excess of cost over book value. b. Prepare the necessary elimination entries in general journal form. c. Complete the worksheet for a consolidated balance sheet as of January 1, 2013