Pettigrew Holdings Ltd. owns a 75 percent interest in Shallots Inc. Prepare a consolidation worksheet using the information below. Assume that the fair values of Shallots Inc.'s assets and liabilities are equal to their book values. (Click the icon to view the financial information.) Let's prepare the consolidation worksheet for Pettigrew Holdings Ltd. First we need to record elimination entries in order to avoid double-counts on the consolidated statements. Then, we can complete the consolidation worksheet. (Enter a "0" when there is a zero balance for an account. Leave any unused cells blank.) Pettigrew Holdings Ltd. Consolidation Worksheet Consolidated Pettigrew Holdings Ltd. Shallots Inc. Elimination Debit Credit Amounts Assets S Cash Accounts receivable, net Note receivable from Shallots Inc 102.000 $ 210.000 64.000 50.000 144.000 234.000 Inventory Investment in Shallots Inc Property, plant, and equipment, net 256.000 240.000 726,000 320,000 nnn Choose from any list or enter any number in the input fields and then continue to the next question Pettigrew Holdings Ltd. owns a 75 percent interest in Shallots Inc. Prepare a consolidation worksheet using the information below. Assume that the fair values of Shallots Inc E: (Click the icon to view the financial information.) Casn 102,000 210,000 50,000 144,000 64,000 Accounts receivable, net Note receivable from Shallots Inc. Inventory Investment in Shallots Inc Property, plant, and equipment, net Other assets 234,000 256,000 240,000 726,000 56,000 320,000 48,000 s Total assets 1.654,000 796,000 S Liabilities and Shareholders' Equity Accounts payable Notes payable Other liabilities Non-controlling interest Common shares Retained earnings 116,000 $ 120.000 212 000 74,000 106,000 328,000 790.000 416 000 1 654.000 $ 206,000 82,000 796,000 5 Total liabilities and shareholders equity Choose from any list or enter any number in the input fields and then continue to the next