**please show all calculations and explanations this question is unique from previous ones on here as there have been alterations to the problem.

On January 1, 2021, Vacker Co. acquired 70% of Carper Inc. by paying $630,000. Carper reported common stock on that date of $420,000 with retained earnings of $252,000. A building was undervalued in the company's financial records by $28,000. This building had a ten-year remaining life. Copyrights of $80,000 were to be recognized and amortized over 20 years. Carper earned income and paid cash dividends as follows: On December 31, 2023, Vacker owes $30,800 to Carper. There have been no changes in Carper's common stock account since the acquisition. Required: If the equity method has been applied by Vacker for this acquisition, what are the consolidation entries needed as of December 31,2023