On January 1. 2024. Pantry Company purchased 75% of the outstanding common stock of Spice Company for $180.000. At that time. Spice Company's stockholders' equity consisted of common stock. $140.000; other contributed capital. \$40.000: and retained earnings. $37,000. Assume that any difference between book value of equity and the value implied by the purchase price is attributable to land. On December 31. 2025. the two companies separate financial statements vere as follows: Instructions: Prepare a consolidated vorkpaper on December 31. 2025