On January 1, 2019, Alpha acquired 80 percent of Delta. Of Delta's total business fair value, $224,000 was allocated to copyrights with a 20-year remaining life. Subsequently, on January 1, 2020, Delta obtained 70 percent of Omega's outstanding voting shares. In this second acquisition, $148,200 of Omega's total business fair value was assigned to copyrights that had a remaining life of 12 years. Delta's book value was $585,000 on January 1, 2019, and Omega reported a book value of $181,500 on January 1, 2020.

Delta has made numerous inventory transfers to Alpha since the business combination was formed. Intra-entity gross profits of $16,000 were present in Alpha's inventory as of January 1, 2021. During the year, $274,000 in additional intra-entity sales were made with $30,140 in Intra-entity gross profits in inventory remaining at the end of the period.

Both Alpha and Delta utilized the partial equity method to account for their investment balances.

Following are the individual financial statements for the companies for 2021 with consolidated totals.

	Alpha Company				Delta Company				Omega Company				Consolidated Totals
Sales	$	(998,200	)		$	(682,100	)		$	(285,000	)		$	(1,691,300	)
Cost of goods sold		555,000				299,000				131,000				725,140
Operating expenses		335,000				171,000				77,000				606,550
Income of subsidiary		(212,800	)			(53,900	)			0				0
Separate company net income	$	(321,000	)		$	(266,000	)		$	(77,000	)
Consolidated net income													$	(359,610	)
Net income attributable to noncontrolling interest (Delta Company)														46,403
Net income attributable to noncontrolling interest (Omega Company)														19,395
Net income attributable to Alpha Company													$	(293,812	)
Retained earnings, 1/1/21	$	(642,500	)		$	(495,000	)		$	(141,500	)		$	(604,864	)
Net income (above)		(321,000	)			(266,000	)			(77,000	)			(293,812	)
Dividends declared		50,000				40,000				60,000				50,000
Retained earnings, 12/31/21	$	(913,500	)		$	(721,000	)		$	(158,500	)		$	(848,676	)
Cash and receivables	$	239,000			$	493,810			$	69,500			$	802,310
Inventory		316,000				382,500				206,000				874,360
Investment in Delta Company		852,000				0				0				0
Investment in Omega Company		0				284,690				0				0
Property, plant, and equipment		499,000				330,000				336,000				1,165,000
Copyrights		0				0				0				313,900
Total assets	$	1,906,000			$	1,491,000			$	611,500			$	3,155,570
Liabilities	$	(792,500	)		$	(650,000	)		$	(353,000	)		$	(1,795,500	)
Common stock		(200,000	)			(120,000	)			(100,000	)			(200,000	)
Retained earnings, 12/31/21		(913,500	)			(721,000	)			(158,500	)			(848,676	)
Noncontrolling interest in Delta Company, 12/31/21		0				0				0				(196,794	)
Noncontrolling interest in Omega Company, 12/31/21		0				0				0				(114,600	)
Total liabilities and equities	$	(1,906,000	)		$	(1,491,000	)		$	(611,500	)		$	(3,155,570	)

Note: Parentheses indicate a credit balance.

Develop the worksheet entries necessary to derive these reported balances: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

PLEASE ANSWER ONLY THOSE MARKED WRONG

Develop the worksheet entries necessary to derive these reported balances: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)