Peanut Company acquired 100 percent of Snoopy Company's outstanding common stock for $300,000 on January 1 , 20X8, when the book value of Snoopy's net assets was equal to $300,000. Accumulated depreciation on this date was $10,000. Peanut uses the equity method to account for investments. The following trial balance summarizes the financial position and operations for Peanut and Snoopy as of December 31, 20X9: (Assume the company prepares the optional Accumulated Depreciation Elimination Entry.) Required: a. Prepare any equity method journal entry(ies) related to the investment in Snoopy Company during 209. b. Prepare a consolidation worksheet for 209. Prepare any equity method fournal entry(ies) related to the investment in Snoopy Company during 209. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record Peanut Company's 100\% share of Snoopy Company's 209 income. Note: Enter debits before credits