Plaza, Inc., acquires 80 percent of the outstanding common stock of Stanford Corporation on January 1, 2018, in exchange for $1,052,900 cash. At the acquisition date, Stanfords total fair value, including the noncontrolling interest, was assessed at $1,316,125. Also at the acquisition date, Stanford's book value was $543,900.

Several individual items on Stanfords financial records had fair values that differed from their book values as follows:

	Book Value				Fair Value
Tradenames (indefinite life)	$	284,600			$	422,200
Property and equipment (net, 8-year remaining life)		233,600				251,200
Patent (14-year remaining life)		134,900				165,700

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, 2018, for both companies.

	Plaza				Stanford
Revenues	$	(852,700	)		$	(714,100	)
Cost of goods sold		471,400				313,200
Depreciation expense		199,800				29,200
Amortization expense						22,300
Equity in income of Stanford		(276,000	)			0
Net income	$	(457,500	)		$	(349,400	)
Retained earnings, 1/1/18	$	(1,009,100	)		$	(418,900	)
Net income		(457,500	)			(349,400	)
Dividends declared		237,400				22,000
Retained earnings, 12/31/18	$	(1,229,200	)		$	(746,300	)
Current assets	$	680,500			$	341,700
Investment in Stanford		1,311,300				0
Tradenames		190,000				284,600
Property and equipment (net)		815,500				204,400
Patents		0				112,600
Total assets	$	2,997,300			$	943,300
Accounts payable	$	(112,500	)		$	(72,000	)
Common stock		(237,500	)			(80,000	)
Additional paid-in capital		(1,418,100	)			(45,000	)
Retained earnings (above)		(1,229,200	)			(746,300	)
Total liabilities and equities	$	(2,997,300	)		$	(943,300	)

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 amount and enter this amount in the credit column of the worksheet. Amounts in the Debit and Credit columns should be entered as positive. Negative amounts for the Noncontrolling Interest and Consolidated Totals columns should be entered with a minus sign.)