On January 2, 2014, Power Incorporated paid $630,000 for a 90% interest in Smallsen Company. Smallsen's equity at that time amounted to 5600,000, and their book values for assets and liabilities recorded approximated their fair values. Smallsen did not issue any additional stock in 2014. At December 31, 2014, the two companies' balance sheets are summarized as follows: Power Incorporated and Subsidiary Consolidated Balance Sheet Working Papers at December 31, 2014 Power Smolen Current Assets 1,675,000 2,350,000 550,000 900,000 Fixed asset Investment 666,000 Total Assets Liabilities Common Stock Retained Earnings 4,691,000 2,800,000 1,200,000 691,000 1,450,000 810,000 100,000 540,000 Total Liabilities and Equity 4,691,000 1,450,000 Required: Complete the consolidation worksheet for Power Incorporated and Subsidiary at December 31, 2014 Torinor Al TEN+F10 Mac)