On January 1, 2021, Access IT Company exchanged $930.000 for 30 percent of the outstanding voting stock of Net Connect. Especially attractive to Access IT was a research project underway at Net Connect that would enhance both the speed and quantity of client-accessible data. Although not recorded in Net Connect's financial records, the fair value of the research project was considered to be $2,570,000. In contractual agreements with the sole owner of the remaining 70 percent of Net Connect, Access IT was granted (1) various decisionmaking rights over Net Connect's operating decisions and (2) special service purchase provisions at below-market rates. As a result of these contractual agreements, Access IT established itself as the primary beneficiary of Net Connect. Immediately after the purchase, Access IT and Net Connect presented the following balance sheets: (Note: Parentheses indicate credit balances.) Each of the above amounts represents a fair value at January 1, 2021. The fair value of the 70 percent of Net Connect shares not owned by Access IT was estimated at $2,170,000. Prepare an acquisition-date consolidation worksheet for Access IT and its variable interest entity. (For occounts where multlple consolldetlon entrles are required, combine all deblt entrles Into one amount and enter thils amount in the deblt column of the worksheet. Slmillarly, comblne all credlt entrles Into one amount and enter thls amount in the credlt column of the worksheet. Input all amounts as positive values.)