Please consolidate, thank you!

Plaza, Inc., acquires 30 percent of the outstanding common stock of Stanford Corporation on January 1 2021, in exchange for $920.700 cash. At the acquisition dete, Stanford's total fair value, including the noncontrolling interest was assessed at $150,875. Ako at the acquisition date, Stanford's book value was $492.500 Several individual items on Stanford's financial records had fair values that differed from their book values as follows: Book Fair Value Value Trade names (indefinite life) $253,300 $371,100 Property and equipment (net, 8-year remaining Life) 288,800 227,200 Patent (14-year remaining uite) 119,800 152, eee 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, 2021 for both companies plaza Stanford Revenues $ 1782,200) $(630, 400) Cost of goods sold 432,400 278, 800 Depreciation expense 183,300 26,100 Amortization expense 19,900 Equity in income of Stanford (240.800) Net Income $ (407,300) $(305,600) Retained earnings, 1/1/21 6 (898,300) 5(372,900) Net income (407,380) (305,600) Dividends declared 211,400 23,00 Retained earnings, 501,094,200) 5(655,500) 12/31/21 Current assets $ 605,900 $ 304,200 Investment in Stanford 1,143, 160 @ Trade names 169,280 253,300 Property and equipment (net) 726,200 182,700 Patents 99,900 Total assets $ 2,644,400 $ 340,100 Accounts payable Common stock Additional paid-in capital Retained earnings above) Total abilities and equities $(100,100) $ (65,000) (211,400) (114,000) (1,238,700) (5,6001 1.094 200) (655 500) 512,644,400) 5(840,100) Al year-end, there were no intentity receives or payables Prepare a worksheet to consolidate the financial statements of Plaza, Inc., and its subsidiary Startord. For accounts where multiple consolidation entries are required, combine all debit entries into one amount and enter this amount in the debt column of the worksheet. Similarly, combine si credit entries into one amount and enter this amount in the credit column of the worksheet. Input all amounts as positive values.) PLAYA CORPORATION AND STANFORD CORPORATION Consolidation Worksheet For Year Ending December 1.2971 Conton Nontontrolin Consolidated Accounts Plata Stanford Down Totale Cru Revenues $(782,200) 1630400) Cost of goods sold 452,400 275.000 Depreciation 183,300 26.100 expense Amortization Retained earnings, 1/1/21 Net income Dividends declared Retained earnings, 12/31/21 $ (898,388) $(372,988) (407,300) (385,600) 211,400 23,000 $(1,894,200) $(655,508) Current assets $ 605,900 Investment in Stanford 1,143, 180 Trade names 169,200 Property and equipment (net) 726, 200 Patents a Total assets $ 2,644,400 $ 384,280 @ 253,300 182,700 99,900 $ 840,100 Accounts payable Common stock Additional paid-in capital Retained earnings (above) Total liabilities and equities $ (100,180) $ (65,000) (211,400) (114,000) (1,238,788) (5,600) -(1,094, 2ee) (655,500) ${2,644, 488) $(840, 180) At year-end, there were no intro-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 the amount in the credit column of the worksheet. Input all amounts as positive values) 0 19,900 Amortization expense Equity in income of Stanford (240,800) 0 $ $(407.300) (305 600) Net Income Consolidated net income NCI share of CNI Plata share of CNI Retained earnings 1/1/21 Net Income Dividends declared Retained wings. 12/31/21 Current assets investment in Stanford Tradenames Property and equipment Patents Goodwill Total Accounts payabile Commons Anapad in Monconing $ $(898,300) (872.900) (407300) (305.600) 211.400 23,000 $ 5 (1.094 200|655 500) $ $ 005 900 304 200 1,143,100 o 169,200 253,300 725.200 182,700 0 99.00 32,644,400 5 540,100 100.100) 05.000) 211/400 114000) 11.230.700) (5.600) (1.004 2003 655.500) Toad $ 2644 400 40.100) 5