Pie Corporation acquired 75 percent of Slice Companys ownership on January 1, 20X8, for $102,000. At that date, the fair value of the noncontrolling interest was $34,000. The book value of Slices net assets at acquisition was $100,000. The book values and fair values of Slices assets and liabilities were equal, except for Slices buildings and equipment, which were worth $20,000 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 $2,500. Goodwill and goodwill impairment were assigned proportionately to the controlling and noncontrolling shareholders. No additional impairment occurred in 20X9. Trial balance data for Pie and Slice on December 31, 20X9, are as follows:

Required: a. Record all consolidation entries needed to prepare a three-part consolidation worksheet as of December 31, 20X9. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Please help solve for the following:

Income from Slice Company

NCI in NI of Slice Company

Investment in Slice Company

NCI in NA of Slice Company

Slice Company Debit Credit $ 39,000 16,000 26,000 27,000 164,000 Item Cash Accounts Receivable Inventory Land Buildings & Equipment Investment in Slice Company Cost of Goods Sold Wage Expense Depreciation Expense Interest Expense Other Expenses Dividends Declared Accumulated Depreciation Accounts Payable Wages Payable Notes Payable Common Stock Retained Earnings Sales Income from Slice Co. Pie Corporation Debit Credit $ 76,500 91,000 103,000 54,000 359,000 127,125 144,000 30,000 20,000 7,000 18,000 36,000 $ 167,200 49,000 7,000 189,500 180,000 128,875 294,000 50,250 $1,065,625 $1,065,625 105,000 15,000 5,000 3,000 11,000 26,000 $ 44,000 8,000 6,000 63,000 60,000 48,000 208,000 $437,000 $437,000 A B D Record the basic consolidation entry. Note: Enter debits before credits. Entry Debit Credit 1 60,000 48,000 Accounts Common stock Retained earnings Income from Slice Company NCI in NI of Slice Company Dividends declared Investment in Slice Company INCI in NA of Slice Company 26,000