Peerless Corporation purchases 70% of Special Foods Corporation's outstanding Common Stock for $560,000, on 01/01/XI. At the date of acquisition, Special had accumulated depreciation of S205.000 Special reported net income for 20X1 of $160,000 and paid dividends of $26,000. Peerless' purchase of Special's net assets showed Fair Value exceeding Book Value by $135,000. Assets that had higher values were Inentory, $30,000; Land $100,000; and Building, $25,000 It was determined that goodwill was impaired by $100.000, All of the inventory was sold during 20X1. The Building has 5 years remaining on its useful life and Special uses straight line depreciation. Equity at 20x1 for Special was Common Stock, S200,000 and Retained Earnings, $100,000. 16 - Prepare the Book Value Calculations on the provided worksheet. 17. Prepare the Basic Consolidation Entry on the Journal Entry Form below. 18 - Prepare the Excess Value (Differential) Calculations on the provided worksheet. 19. Prepare the Amortized Value Reclassification Entry on the Joirnal Entry Form below 20 - Prepare the Excess Value (Differential) Reclassification Entry on the Journal Entry Form below. 21 - Prepare the Accumulated Depreciation Consolidated Entry on the Journal Entry Form below. 22 - Prepare the 3-Part Consolidation Worksheet, attached