Please fill out the cells in yellow, thanks

Big Co acquired 100% of the common Stock of Little Co. on 1/1/22 for $200,000. Little's book value on that date was $200,000, and all assets and liabilities had fair values equal to book value.

In 2022, Little reported earnings of $30,000 and paid dividends of $10,000

In 2023 Little reported earnings of $40,000 and paid dividends of $15,000.

The trial balances for 1/1/22, 12/31/22, and 12/31/23 are given below.

Required: Prepare elimination entries at 1/1/22 and complete the "Consolidation at acquisition" (1/1/22) worksheet

1. Prepare elimination entries at 1/1/22 and complete the "Consolidation at acquisition" (1/1/22) worksheet

2. Prepare elimination entries at12/31/23 and complete the "Consolidation at acquisition" (12/31/23) worksheet

3. Prepare elimination entries at12/31/22 and complete the "Consolidation at acquisition" (12/31/22) worksheet

January 1, 2022 \begin{tabular}{|l|r|r|l|l|l|} \hline & \multicolumn{1}{l|}{ Big } & \multicolumn{1}{l|}{ Little } & dr & cr & Consol. \\ \hline Cash & 30000 & 20000 & & & \\ \hline Receivable & 35000 & 30000 & & & \\ \hline Inventory & 45000 & 50000 & & & \\ \hline Investmen & 200000 & 0 & & & \\ \hline PPE, net & 260000 & 250000 & & & \\ \hline Patents & 30000 & 20000 & & & \\ \hline Other asse & 10000 & 30000 & & & \\ \hline & & & & & \\ \hline Accounts & 60000 & 50000 & & & \\ \hline Bonds pay & 200000 & 150000 & & & \\ \hline Common & 150000 & 50000 & & & \\ \hline Retained e & 200000 & 150000 & & & \\ \hline \end{tabular} December 31,2022 December 31,2023