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Paper Company acquired 80 percent of Scissor Company's outstanding common stock for $296,000 on January 1,208, when the book value of Scissor's net assets was equal to $370,000. Paper uses the equity method to account for investments. The following trial baiance summarizes the financial position and operations for Paper and Scissor as of December 31, 209. b. Prepare a consolidation worksheet for 209. Assume the company prepares the optional Accumulated Depreciation Consolidation Entry and that the depreclation expense was the same amount in both 208 and 209. Note: Values in the first two columns (the "parent" and "subsidiary" balances) that are to be deducted should be indicated with a minus sign, While all values. in the FConsolidation Entries" columns should be entered as positive values, For accounts where multiple adjusting entries are required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Slmilorly, combine all credit entries into one amount and enter this amount in the credit column of the worksheet. PAPER COMPANY AND SUBSIDARY Consolidated Financial Statement Worksheet January 1,209