Pea Inc. purchased 70% of Split Inc.'s stock 14 years ago. On December 31, 2019, Pea purchased a building from Split for $600,000. Split had purchased the building on January 1, 2012, for $800,000 and used straight-line depreciation on an expected life of 20 years with zero salvage value. The building's total estimated economic life and zero salvage value is unchanged after the intercompany sale. Identify the following statements that are TRUE regarding the two consolidation entries (#1 and #2) to eliminate the effects of the intercompany building transfer in preparing consolidated financial statements at December 21, 2020. Consolidation entry #1 includes a debit to Investment in Split of $84,000. Consolidation entry #1 includes a debit to NCI in NA of Split of $36,000. a Consolidation entry #1 includes a debit to Building of $200,000. Consolidation entry #1 includes a credit to Accumulated Depreciation of $320,000. Consolidation entry #2 includes a debit to Depreciation Expense of $40,000. Consolidation entry #2 includes a credit to Accumulated Depreciation of $40,000