On January 1, 2022 (Year 1), Gold Co. acquired 100% of the outstanding common stock of Brown Co. for $320,000 in cash. Brown's book value of equity was $180,000 at the time (including common stock of $64,000 and retained earnings of $116,000 ). On the acquisition date, some of Brown's assets had fair values differ from book values as follows: Any other excess of cost over book value is assigned to goodwill. Requirement: Record the five consolidation entries (i.e. Consolidation entries S, A, I, D, and E) for Year 1 in the "Consolidation entries" columns of the worksheet provided. Place the letter of consolidation entry in front of each number you enter. (22.5 points; 1.5 point per entry) On January 1, 2022 (Year 1), Gold Co. acquired 100% of the outstanding common stock of Brown Co. for $320,000 in cash. Brown's book value of equity was $180,000 at the time (including common stock of $64,000 and retained earnings of $116,000 ). On the acquisition date, some of Brown's assets had fair values differ from book values as follows: Any other excess of cost over book value is assigned to goodwill. Requirement: Record the five consolidation entries (i.e. Consolidation entries S, A, I, D, and E) for Year 1 in the "Consolidation entries" columns of the worksheet provided. Place the letter of consolidation entry in front of each number you enter. (22.5 points; 1.5 point per entry)