On June 30, 200X P paid $375,000 cash for 100% of the Common Stock of S Company. The transaction is an acquisition of wherein the acquired company is not dissolved. S Company is maintained as a separate subsidiary of P Company. It is still an entity, but in this case P Company owns all of it's stock. Following information is shown prior to acquisition being recorded: Differences between identifiable net assets of S Company were: Plant A. Prepare the journal entries showing the purchase Prepare a schedule showing the amount of goodwill from this purchase. Prepare a consolidation worksheet showing the eliminations. Prepare a consolidated balance sheet AS OF June 30, 200X using the consolidation worksheet as a basis