Pam Corporation holds 70 percent ownership of Spray Enterprises. On December 31, 20x 6,5 pray paid Pam $40,000 for a truck that residual value. Both companies depreciate equipment using the straight-line method. Required: o. Prepare the worksheet consolidation entry or entries needed on December 31, 20x6, to remove the effects of the intercompany sale. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. b. Prepare the worksheet consolidation entry of enties needed on December 31, 20x7, to remove the eflects of the inercompariy sale Note: Do not round intermediate calculotions. If no entry is required for n trensection/event, select "No journal entry required" In the first account field. Pretzel Corporation owns 60 percent of Stick Compration's voting shares; On January 1,202. Pfetret Corpotation sold 5 tsin.000 par value, 6 percent first mortgage bonds to Stick for $156,000. The bonds mature in 10 years and pay interest seliamemally on lareany atd July 1 Required: 0. Prepare the joumal entikes for 202 for Stick related to its awnershs of Pretrels bonds. b. Prepare the joumal entries for 202 for Pretzel retated to the bonds: of bonds. Complete this question by entering your answers in the tabs below. Prepare the journal entries for 202 for Stick related to its onnership of Pretzel's bonds. Note: If no entry is required for a transaction/event, sehect "No fournal entry required" in the fust account tield. De mut rounif voul intermediate colculations, Round your final arrwers to nearest whale dollat. Complete this question by entering your answers in the tabs below. Prepare the fournal entries for 202 for stick related to its ownership of Prettei's bonde: Note: If no entry is required for a trpnsactionevent, solect "No lournal eatry reguired" in the fyus actount fati. be nick rounif raini intermediate calculations, Hound your final answers to nearest whole dollar