On January 1, 20X8, Plane Company acquired 80 percent of Scalar Company's ownership for $120,000 cash. At that date, the fair value of the noncontrolling interest was $30,000. The book value of Scalar's net assets at acquisition was $125,000. The book values and fair values of Scalar's assets and liabilities were equal, except for buildings and equipment, which were worth $15,000 more than book value. Buildings and equipment are depreciated on a 10-year basis. Although goodwill is not amortized, the management of Plane concluded at December 31, 20X8, that goodwill from its acquisition of Scalar shares had been impaired and the correct carrying amount was $5,000. Goodwill and goodwill impairment were assigned proportionately to the controlling and noncontrolling shareholders. No additional impairment occurred in 20X9. Trial balance data for Plane and Scalar on December 31, 20X9, are as follows:

	Plane Co.							Scalar Co.
Item	Debit			Credit				Debit			Credit
Cash	$	100,000						$	30,000
Accounts Receivable		60,000							25,000
Inventory		80,000							30,000
Land		150,000							50,000
Buildings and Equipment		300,000							150,000
Investment in Scalar Co.		144,800
Cost of Goods Sold		180,000							100,000
Wage Expense		50,000							34,000
Depreciation Expense		30,000							15,000
Interest Expense		25,000							6,000
Other Expenses		40,000							21,000
Dividends Declared		40,000							10,000
Accumulated Depreciation				$	150,000						$	36,000
Accounts Payable					90,000							26,000
Wages Payable					30,800							9,000
Notes Payable					180,000							50,000
Common Stock					150,000							100,000
Retained Earnings					181,000							50,000
Sales					400,000							200,000
Income from Scalar					18,000
	$	1,199,800		$	1,199,800			$	471,000		$	471,000

Required: 1) Provide all consolidating entries needed to prepare a three-part consolidation worksheet as of December 31, 20X9. 2) Prepare a three-part consolidation worksheet for 20X9 in good form.