please assist with D on the journal entry

Partially correct Flag question Preparing the [I] consolidation entries for sale of depreciable assets-Equity method Assume that on January 1, 2016, a parent sells to its wholly owned subsidiary, for a sale price of $162,000, equipment that originally cost $184,000. The parent originally purchased the equipment on January 1, 2012, and depreciated the equipment assuming a 10- year useful life (straight line with no salvage value). The subsidiary has adopted the parent's depreciation policy and depreciates the equipment over the remaining useful life of 6 years. The parent uses the equity method to account for its Equity Investment. a. Compute the annual pre-consolidation depreciation expense for the subsidiary (postintercompany sale) and the parent (pre-intercompany sale). Subsidiary - depreciation $ 27,000 Parent - depreciation $ 18,400 . b. Compute the pre-consolidation Gain on Sale recognized by the parent during 2016. $ 51,600 c. Prepare the required [l consolidation entry in 2016 (assume a full year of depreciation), Description Debit Credit Ilgain) Equipment 22.000 0 Gain on sale 51,600 0 Accumulated depreciation O 73,600 Ildepl Accumulated depreciation 8,600 0 Depreciation expense 0 8,600 d. Prepare the required [ll consolidation entry in 2019 (assuming the subsidiary is still holding the equipment), Description Debit Credit Ilgain) Equipment 54,000 X 0 Equity investment 127,600 X 0 Accumulated depreciation 0. 181,600 X Ildep] Accumulated depreciation . 18,400 X 0 Depreciation expense 0 27.000 x