On January 1, 2015, Pack Co. acquired 80% of the common stock of Sack Co. by paying $80,000. On that date Sack' land was undervalued $3,800 and its Buildings (7 yr life) were undervalued $4,200 and its equipment (5 Yr life) were undervalued $2,000. A. Show the elements making of the cost of the investment. (Hint: Set up a schedule showing the controlling and non-controlling interest in the individual elements) B. Prepare consolidation entry S to eliminate the subs equity accounts at 12/31/15: C. Prepare consolidation entry A (acquisition) D. Prepare consolidation entry I (income) E. Prepare consolidation entry D (dividends) F. Prepare consolidation entry E (expenses)