On January 1, 2020, Paris Corporation acquired 80 percent of Salt Company's common stock for $72,000 cash. The fair value of the noncontrolling interest at that date was determined to be $18,000. Data from the balance sheets of the two companies included the following amounts as of the date of acquisition: Paris Co. Salt Co. Cash $20,000 $8,000 Accounts Receivable 36,500 19,000 Inventory 35,000 23,000 Land 60,000 36,000 Buildings and Equipment 150,000 66,000 Less: Accumulated Depreciation -35,000 -26,000 Investment in Selfie Corp. 72,000 Total Assets $338,500 $126,000 Accounts Payable $32,500 $27,000 Bonds Payable 120,000 25,000 Common Stock 100,000 40,000 Retained Earnings 86,000 34,000 Total Liabilities and Equity $338,500 $126,000 At the date of the business combination, the book values of Salt's net assets and liabilities approximated fair value except for inventory, which had a fair value of $26,000, and land, which had a fair value of $42,000. Required: A) Prepare the equity method entries on Pariss books for the acquisition of Salt on January 1, 2020

B) Give the basic consolidation entry at the date of acquisition.

C) Give excess value (differential) reclassification entries at the date of acquisition.

D) Give accumulated depreciation consolidation entry.