please help

On January 1, 20X7, Pillow Corporation sold to Sheet Corporation equipment it had purchased for $180,000 and used for eight years. Pillow recorded a gain of $21,000 on the sale. The equipment has a total useful life of 15 years and is depreciated on a straight-line basis. Pillow holds 60 percent of Sheet's voting common shares. Required: a. Prepare the journal entry made by Pillow on January 1,207, to record the sale of equipment. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) d. Prepare the consolidation entry or entries related to the equipment required at January 1,208, to prepare a consolidated balance sheet only. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Consolidation Worksheet Entries Record the entry to eliminate the gain on the equipment and to correct the asset's basis. Note:. Enter debits before credits