On January 1st 2000 the Santa Company acquired all of the stock of the Elf Company at book value Santa accounts for its investment in Elf using the intital value (cost) method and Elf Company does not pay any dividends On January 1st 2017, Santa Company issued (sold) 10 year 10% semi annual bonds to the public for $1,050,000. These bonds have a par value of $1,000,000 and Santa uses the straight line method to amortize interest. These bonds pay interest on July 1 st and January 1 st. On January 1st 2020 Elf Company acquired all of the Santa Bonds paying $1,028,000. Elf also uses the straight line method to amortize interest. REQUIRED: A) Make the journal entry Santa makes when it sells the bonds in 2017 B) Make the journal entry Santa makes on July 1st 2017 when it makes its first interst payment C) make the journal entry Elf makes when it buys the bonds in 2020. D) Make the journal entry Elf makes when it receives its first interst payment on July 1 st 2020. E) Make the necessary worksheet entries for 2020 F) In 2020, Santa reported income (unconsolidated) of $444,000 and Elf reported income of $111,000 what was consolidated income? G) Make the necessary worksheet entries for 2021 H) In 2021, Santa reported income (unconsolidated) of $444,000 and Elf reporeted income of $111,000 what was consolidated income