please answer the following:

Price Corporation acquired 100 percent ownership of Saver Company on January 1, 20X8, for $128,000. At that date, the fair value of Saver's buildings and equipment was $20,000 more than the book value. Buildings and equipment are depreciated on a 10-year basis. Although goodwill is not amortized, Price's management concluded at December 31, 20X8, that goodwill involved in its acquisition of Saver shares had been impaired and the correct carrying value was $2,500. Trial balance data for Price and Saver on December 31, 20x8, are as follows: Saver Company Debit Credit $ 21,000 12,000 25,000 15,000 150,000 Item Cash Accounts Receivable Inventory Land Buildings & Equipment Investment in Saver 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 Saver Company Price Corporation Debit Credit $ 19,500 70,000 90,000 30,000 350,000 128,500 125,000 42,000 25,000 12,000 13,500 30,000 $145,000 45,000 17,000 150,000 200,000 102,000 260,000 16,500 $935,500 $935,500 110,000 27,000 10,000 4,000 5,000 16,000 $ 40,000 16,000 9,000 50,000 60,000 40,000 180,000 $395,000 $395,000 A Record the basic consolidation entry. B Record the amortized excess value reclassification entry. C Record the excess value (differential) reclassification entry. D Record the optional accumulated depreciation consolidation entry. b. Prepare a three-part consolidation worksheet for 20x8. (Values in the first two columns (the "parent" and "subsidia that are to be deducted should be indicated with a minus sign, while all values in the "Consolidation Entries" colum entered as positive values. For accounts where multiple adjusting entries are required, combine all debit entries int and enter this amount in the debit column of the worksheet. Similarly, combine all credit entries into one amount a amount in the credit column of the worksheet.) PRICE CORPORATION AND SUBSIDIARY Consolidated Financial Statements Worksheet December 31, 20X8 Consolidation Entries Price Corp. Saver Co. DR CR Consolidated Income Statement Sales Less: COGS Less: Wage expense Less: Depreciation expense Less: Interest expense