On January 1, 2021, Ackerman sold equipment to Brannigan (a wholly owned subsidiary) for $250,000 in cash. The equipment had originally cost $225,000 but had a book value of only $137,500 when transferred. On that date, the equipment had a five-year remaining life. Depreciation expense is computed using the straight-line method. Ackerman reported $350,000 in net income in 2021 (not including any investment income) while Brannigan reported $114,500. Ackerman attributed any excess acquisition-date fair value to Brannigan's unpatented technology, which was amortized at a rate of $4,500 per year. In 2022 Ackerman reports Net income of $370,000 not including investment income and Brannigan reports $125,000 in inome. 'a. Prepare the journal entries for the sale of equipment to Ackerman and the intra-entity adjustments for the year 2021 and 2022 Downstream, and the entries if the equipment was sold upstream