Plaza, Inc., acquires 80 percent of the outstanding common stock of Stanford Corporation on January 1, 2018, in exchange for $985,400 cash. At the acquisition date, Stanfords total fair value, including the noncontrolling interest, was assessed at $1,231,750. Also at the acquisition date, Stanford's book value was $532,500. 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) $ 301,200 $ 354,900 Property and equipment (net, 8-year remaining life) 232,000 255,200 Patent (14-year remaining life) 120,400 161,000 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 $ (828,200 ) $ (746,500 ) Cost of goods sold 458,700 321,700 Depreciation expense 194,400 29,000 Amortization expense 23,000 Equity in income of Stanford (293,600 ) 0 Net income $ (468,700 ) $ (372,800 ) Retained earnings, 1/1/18 $ (1,036,200 ) $ (431,000 ) Net income (468,700 ) (372,800 ) Dividends declared 243,800 29,000 Retained earnings, 12/31/18 $ (1,261,100 ) $ (774,800 ) Current assets $ 698,800 $ 370,700 Investment in Stanford 1,255,800 0 Tradenames 195,300 301,200 Property and equipment (net) 837,900 203,000 Patents 0 97,400 Total assets $ 2,987,800 $ 972,300 Accounts payable $ (115,200 ) $ (96,000 ) Common stock (244,800 ) (70,000 ) Additional paid-in capital (1,366,700 ) (31,500 ) Retained earnings (above) (1,261,100 ) (774,800 ) Total liabilities and equities $ (2,987,800 ) $ (972,300 ) 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.)