On September 30, 2017, AL Manama Corporation paid $550,000 to acquire 72% of the outstanding common stock of Ahlia Company which became a subsidiary. Differences between current fair values and carrying amounts of identifiable net assets of Ahlia Company on September 30, 2017, were limited to the following: Current Fair Values Carrying Amounts Inventories $ 5.000 $ 20,000 building (net) 260,000 140,000 Instructions: 1. Prepare the journal entry to record the investment on September 30, 2017 (4 marks) 2. Complete the following working paper for consolidated balance sheet of Al Manama Corporation and subsidiary. (6 marks) Assets Alia ALMANAMA CORPORATION AND SUBSIDIARY Working Paper for Consolidated Balance Sheet September 10, 2017 Al Manama Corporation Eliminationsdated Company Dr. CE 80,000 20.000 60,000 340,000 Inventories Other current assets Investment in Ahlia Co. Building (net) 550.000 460,000 140,000 1.150.000 400.000 Total assets Liabilities Stockholders' Equity Kurrent liabilities Long-term debe Common stock. Spar Additional paid-in capital Retained earnings 190,000 260,000 200,000 100,000 400,000 30.000 90,000 70.000 $0.000 160.000 Total liabilities &