Patterson Company owns 80% of the outstanding common stock of Stevens Company. On June 30, 2013, land costing $545,200 is sold by one affiliate to the other for $813,100. Prepare in general journal form the workpaper entries necessary because of the intercompany sale of land in the consolidated financial statements workpaper for the year ended December 31, 2014, assuming that: (a) Your answer is correct. Patterson Company purchased the land from Stevens Company. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Account Titles and Explanation Cost Method (b) Stevens Company purchased the land from Patterson Company. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (Retained Earnings - Begini 214320 Debit Credit Account Titles and Explanation Cost Method Noncontrolling Interest 53580 Land 267900 Partial Equity Method Partial Equity Method Retained Earnings - Begini 214320 Noncontrolling Interest 53580 Land 267900 Complete Equity Method Complete Equity Method Investment in Subsidiary 214320 TNoncontrolling Interest 53580 Land 267900