Pie Corporation acquired 75 percent of Slice Companys ownership on January 1, 20X8, for $96,000. At that date, the fair value of the noncontrolling interest was $32,000. The book value of Slices net assets at acquisition was $92,000. The book values and fair values of Slices assets and liabilities were equal, except for Slices buildings and equipment, which were worth $18,400 more than book value. Accumulated depreciation on the buildings and equipment was $30,000 on the acquisition date. Buildings and equipment are depreciated on a 10-year basis. Although goodwill is not amortized, the management of Pie concluded at December 31, 20X8, that goodwill from its purchase of Slice shares had been impaired and the correct carrying amount was $3,400. Goodwill and goodwill impairment were assigned proportionately to the controlling and noncontrolling shareholders.

The trial data for Pi and slice on December 31,20x8, are as follows:

Pie Corporation			Sliced company
Item	Debt	Credit	Debit	Credit
Cash	53,500		29,000
Accounts Receivables	78,000		20,000
Inventory	98,000		33,000
Land	48,000		23,000
Buildings & equipment	363,000		160,000
Investment in Slice Company	95,520
Cost of goods Sold	122,000		107,000
Wage expense	32,000		26,000
Depreciation Expense	20,000		10,000
Interest Expense	7,000		4,000
Other expenses	8,500		5,000
Dividends declared	35,000		17,600
Accumulated Dep.		127,000		40,000
Accounts payable		28,000		7,000
Wages payable		8,000		3,000
Notes Payable		220,800		107,600
Common Stock		198,000		54,000
Retained Earnings		100,000		38,000
Sales		266,000		185,000
Income from slice Company		12,720
	960,520	960,520	434,600	434,600

A. Record all consolidation entries needed to prepare a three-part consolidation worksheet as of December 31,20x8

B. Prepare a three-part consolidation Worksheet for 20x8