please fill in the blanks on the consolidation entries. do not use other answers to this question as they are wrong, thank you

Using the information in Problem 4 and assuming the beginning of the year (20X3) balance in the Investment in A account is $716,000 complete the consolidated worksheet below. To aid in this, Information from Problem 4 is repeated below. Monroe Company purchased 80% of Adams Company on January 1, 201. The purchase price paid was $600,000. On that day, the book value of Adams was $500,000. Excess of cost over book value is due to goodwill. Included in Adams's income are intercompany sales to Monroe of $40,000 with a cost to Adams of $25,000. 30% of this inventory is on hand in the Monroe inventory at December 31, 20X3. In addition, inventory sold at a profit of $5,000 was in the inventory of Monroe at December 31, 202. Below are the balances of accounts of Monroe and Adams at December 31, 203. \begin{tabular}{l} a. Prepare a schedule of Excess of Cost over Book Value at the date of purchase. \\ \begin{tabular}{|l|c|c|c|} \hline Purchase price & $ & 600,000 \\ \hline Less: Book value (80%500,000) & $ & (400,000) \\ \hline Excess in Cost & $ & 200,000 & \\ \hline & & & \\ \hline \end{tabular} \\ \hline \end{tabular} b. For 20X3, prepare on the books of Monroe the full equity method journal entries. \begin{tabular}{|c|c|c|c|c|} \hline & \multicolumn{2}{|c|}{ Dr. } & \multicolumn{2}{|c|}{ Cr. } \\ \hline Investment in Adams & $ & 600,000 & & \\ \hline Cash & & & $ & 600,000 \\ \hline Accounts Payable & $ & 4,500 & & \\ \hline Profit on Inventory & & & $ & 4,500 \\ \hline Investment in Adam & $ & 80,000 & & \\ \hline Income from Investr & & & $ & 80,000 \\ \hline \end{tabular} Below are the balances of accounts of Monroe and Adams at December 31, 203