Plaza, Inc., acquires 80 percent of the outstanding common stock of Stanford Corporation on January 1, 2021, in exchange for $892,000 cash. At the acquisition date, Stanfords total fair value, including the noncontrolling interest, was assessed at $1,115,000. Also at the acquisition date, Stanford's book value was $535,100. Several individual items on Stanfords financial records had fair values that differed from their book values as follows: Book Value Fair Value Trade names (indefinite life) $ 294,200 $ 340,500 Property and equipment (net, 8-year remaining life) 238,400 259,200 Patent (14-year remaining life) 111,500 150,700 For internal reporting purposes, Plaza, Inc., employs the equity method to account for this investment. The following account balances are for the year ending December 31, 2021, for both companies. Plaza Stanford Revenues $ (775,500 ) $ (767,100 ) Cost of goods sold 428,700 323,800 Depreciation expense 181,700 29,800 Amortization expense 0 23,100 Equity in income of Stanford (308,000 ) 0 Net income $ (473,100 ) $ (390,400 ) Retained earnings, 1/1/21 $ (1,043,400 ) $ (433,100 ) Net income (473,100 ) (390,400 ) Dividends declared 245,600 26,000 Retained earnings, 12/31/21 $ (1,270,900 ) $ (797,500 ) Current assets $ 703,700 $ 353,300 Investment in Stanford 1,179,200 0 Trade names 196,500 294,200 Property and equipment (net) 843,400 208,600 Patents 0 88,400 Total assets $ 2,922,800 $ 944,500 Accounts payable $ (116,300 ) $ (45,000 ) Common stock (245,600 ) (90,000 ) Additional paid-in capital (1,290,000 ) (12,000 ) Retained earnings (above) (1,270,900 ) (797,500 ) Total liabilities and equities $ (2,922,800 ) $ (944,500 ) At year-end, there were no intra-entity receivables or payables.

Prepare a worksheet to consolidate the financial statements of Plaza, Inc., and its subsidiary Stanford. (For accounts where multiple consolidation entries are required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Similarly, combine all credit entries into one