Peanut Company acquired $80$ percent of Snoopy Company's outstanding common stock for $$280,000$ on January $1,208,$ when the book value of Snoopy's net assets was equal to $$350,000.$ 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 $31,20$X$9$:

$\backslash$table$[[,$Peanut Company,Snoopy Company$],[,$Debit,Credit,Debit,Cred:$],[$Cash$,$$$265,000,,$$$85,000,],[$Accounts Receivable,$202,00,,90,000,],[$Inventory$,190,000,,114,000,],[$Investment in Snoopy Company,$314,800,,0,],[$Land$,217,000,,97,000,],[$Buildings and Equipment,$716,000,,186,000,],[$Cost of Goods Sold,$350,000,,162,000,],[$Depreciation Expense,$41,000,,12,000,],[$Selling & Administrative Expense,$226,000,4,42,500,],[$Dividends Declared,$212,000,,32,000,],[$AccumulateDepreciation$,,$$$493,000,,$$$36,000,],[$Accounts Payable,$58,000,,36,000],[$Bonds Payable,$139,000,,166,500],[$Common Stock,$492,000,,184,000],[$Retained Earnings,$629,200,,147,000],[$Sales$,847,000,,311,000],[$Income from Snoopy Company,$75,000].$ Prepare a consolidation worksheet for $20$X$9.$ Assume the company prepares the optional Accumulated Depreciation Consolidation Equity and that the depreciationexpense was the same amount in both $20$X$8$ and $20$X$9.$