On January 1, 2024, Sheridan Company purchased 8,344 shares of Skysong Company's common stock for $127,000. Immediately after the stock acquisition, the statements of financial position of Sheridan and Skysong appeared as follows: \begin{tabular}{|c|c|c|c|c|c|} \hline & & & & MDANCOMPConsolidated & \\ \hline & Sheridan & Skysong & & & ation \\ \hline & Company & Company & & Debit & \\ \hline Cash & 41,250 & 20,190 & $ & & $ \\ \hline Accounts Receivable & 54,540 & 28,340 & & & \\ \hline Invantory & 40,650 & 24,290 & & & \\ \hline Imvestment in Sicysonz & 127,000 & & & & \\ \hline Difference between Implied & & & & & \\ \hline Plant Assets & 170,660 & 107,400 & & & \\ \hline Accumulated Depreciation & (49,170) & (21,000) & & & \\ \hline Total & 384,930 & 159,220 & & & \\ \hline Current Liabilities & 17,330 & 25,870 & & & \\ \hline Mortzase Note Payable & 39,170 & & & & \\ \hline Common Stock: & & & & & \\ \hline Sheridan Company & 114,550 & & & & \\ \hline Skysonz Company & & 104,300 & & & \\ \hline Other Contributed Capital & & & & & \\ \hline Sharidan Company & 127,070 & & & & \\ \hline Skysonz Company & & 18,130 & & & \\ \hline Retainad Earnines: & & & & & \\ \hline Sheridan Company & 87,810 & & & & \\ \hline Skysonz Company & & 10,920 & & & \\ \hline Noncontrolling Interest & & & & & \\ \hline Tatal & 384,930 & 159,220 & $ & & $ \\ \hline \end{tabular} Prepare a consolidated balance shest workpaper as of January 1, 2024. N COMPANY AKD SUESIDIARY SKYSONG solidated Balance Sheet Workpaper January 1, 2024 Noncontrolling Interest Consolidated Balance $ Sava far Later Attempts: 0 of 1 used Submit Arswar On January 1, 2024, Sheridan Company purchased 8,344 shares of Skysong Company's common stock for $127,000. Immediately after the stock acquisition, the statements of financial position of Sheridan and Skysong appeared as follows: \begin{tabular}{|c|c|c|c|c|c|} \hline & & & & MDANCOMPConsolidated & \\ \hline & Sheridan & Skysong & & & ation \\ \hline & Company & Company & & Debit & \\ \hline Cash & 41,250 & 20,190 & $ & & $ \\ \hline Accounts Receivable & 54,540 & 28,340 & & & \\ \hline Invantory & 40,650 & 24,290 & & & \\ \hline Imvestment in Sicysonz & 127,000 & & & & \\ \hline Difference between Implied & & & & & \\ \hline Plant Assets & 170,660 & 107,400 & & & \\ \hline Accumulated Depreciation & (49,170) & (21,000) & & & \\ \hline Total & 384,930 & 159,220 & & & \\ \hline Current Liabilities & 17,330 & 25,870 & & & \\ \hline Mortzase Note Payable & 39,170 & & & & \\ \hline Common Stock: & & & & & \\ \hline Sheridan Company & 114,550 & & & & \\ \hline Skysonz Company & & 104,300 & & & \\ \hline Other Contributed Capital & & & & & \\ \hline Sharidan Company & 127,070 & & & & \\ \hline Skysonz Company & & 18,130 & & & \\ \hline Retainad Earnines: & & & & & \\ \hline Sheridan Company & 87,810 & & & & \\ \hline Skysonz Company & & 10,920 & & & \\ \hline Noncontrolling Interest & & & & & \\ \hline Tatal & 384,930 & 159,220 & $ & & $ \\ \hline \end{tabular} Prepare a consolidated balance shest workpaper as of January 1, 2024. N COMPANY AKD SUESIDIARY SKYSONG solidated Balance Sheet Workpaper January 1, 2024 Noncontrolling Interest Consolidated Balance $ Sava far Later Attempts: 0 of 1 used Submit Arswar