Please help me (this was all the information given for the question)

Prepare consolidation spreadsheet for intercompany sale of equipment - Equity method Assume that a parent company acquired its subsidiary on January 1, 2009, at a purchase price that was $315,000 in excess of the book value of the subsidiary's Stockholders' Equity on the acquisition date. Of that excess, $215,000 was assigned to a Customer List that is being amortized over a 10-year period. The remaining $100,000 was assigned to Goodwill.

In January of 2012, the wholly owned subsidiary sold Equipment to the parent for a cash price of $118,500. The subsidiary had acquired the equipment at a cost of $140,000 and depreciated the equipment over its 10- year useful life using the straight-line method (no salvage value). The subsidiary had depreciated the equipment for 4 years at the time of sale. The parent retained the depreciation policy of the subsidiary and depreciated the equipment over its remaining 6-year useful life.

Financial statements of the parent and its subsidiary for the year ended December 31, 2013 follow in part f. below. The parent uses the equity method to account for its Equity Investment. The Customer List was amortized as part of the parent's equity method accounting.

a. Prepare the journal entry that the subsidiary made to record the sale of the equipment to the parent, the journal entry that the parent made to record the purchase, and the [I] entries for the year of sale.

Journal Entries
	Description	Debit	Credit
Subsidiary:	Cash	Answer	Answer
		Answer	Answer
		Answer	Answer
	Property, plant & equipment	Answer	Answer
Parent:		Answer	Answer
		Answer	Answer
[Igain]		Answer	Answer
	Property, plant & equipment	Answer	Answer
		Answer	Answer
[Idepr]		Answer	Answer
		Answer	Answer

b. Compute the remaining portion of the deferred gain on January 1, 2013. $Answer

c. Show the computation to yield the $127,250 of Income (loss) from subsidiary reported by the parent for the year ended December 31, 2013.

Note: Use a negative sign with an answer to indicate a reduction in the computation.

Net income of subsidiary	Answer
AAP Depreciation	Answer
	Answer
Income (loss) from subsidiary	Answer

d. Compute the Equity Investment balance of $811,500 on December 31, 2013.

Note: Use a negative sign with an answer to indicate a reduction in the computation.

Common stock	Answer
APIC	Answer
EOY Retained earnings	Answer
EOY Unamortized AAP	Answer
Gain on intercompany sale	Answer
Equity investment	Answer

e. Prepare the consolidation entries for the year ended December 31, 2013.

Consolidation Worksheet
	Description	Debit	Credit
[C]		Answer	Answer
	Dividends	Answer	Answer
		Answer	Answer
[E]		Answer	Answer
	APIC	Answer	Answer
	Retained earnings	Answer	Answer
		Answer	Answer
[A]	Customer list	Answer	Answer
		Answer	Answer
		Answer	Answer
[D]	Operating expenses	Answer	Answer
		Answer	Answer
[Igain]	Equity Investment	Answer	Answer
		Answer	Answer
		Answer	Answer
[Idepr]		Answer	Answer
		Answer	Answer

f. Prepare the consolidation spreadsheet for the year ended December 31, 2013.

Use negative signs with answers in the Consolidated column for Cost of goods sold, Operating expenses and Dividends.

				Elimination Entries
Income statement:	Parent	Sub		Dr	Cr		Consolidated
Sales	$10,000,000	$1,003,000					Answer
Cost of goods sold	(7,200,000)	(600,000)					Answer
Gross profit	2,800,000	403,000					Answer
Income (loss) from subsidiary	127,250		[C]	Answer			Answer
Operating expenses	(1,500,000)	(260,000)	[D]	Answer	Answer	[Idepr]	Answer
Net income	$1,427,250	$143,000					Answer
Statement of retained earnings:
BOY retained earnings	$5,814,300	$225,000	[E]	Answer			Answer
Net income	1,427,250	143,000					Answer
Dividends	(285,200)	(20,000)			Answer	[C]	Answer
EOY retained earnings	$6,956,350	$348,000					Answer
Balance sheet:
Assets
Cash	$1,058,100	$325,000					Answer
Accounts receivable	1,750,000	430,000					Answer
Inventory	2,600,000	550,000					Answer
PPE, net	10,060,000	1,030,000	[Igain]	Answer	Answer	[Igain]	Answer
			[Idepr]	Answer
Customer List			[A]	Answer	Answer	[D]	Answer
Goodwill			[A]	Answer			Answer
Equity investment	811,500		[Igain]	Answer	Answer	[C]	Answer
					Answer	[E]
					Answer	[A]
	$16,279,600	$2,335,000					Answer
Liabilities and stockholders' equity
Accounts payable	$1,010,000	$178,000					Answer
Other currentliabilities	1,190,000	230,000					Answer
Long-term liabilities	2,500,000	1,300,000					Answer
Common stock	553,000	124,000	[E]	Answer			Answer
APIC	4,070,250	155,000	[E]	Answer			Answer
Retained earnings	6,956,350	348,000					Answer
	$16,279,600	$2,335,000		Answer	Answer		Answer