Police Corporation acquired 100 percent of Station Corporation's voting shares on January 1, 20X3 underlying book value. At that date, the book values and fair values of Station's assets and liabilities were equal. Police uses the equity method in accounting for its investment in Station Adjusted trial balances for Police and Station on December 31, 20 * 3 . are as follows Station Corporation DebitCredit $ 243,000 Item Current Assets Depreciable Assets (net) Investment in Station Corporation Depreciation Expense Other Expenses Dividends Declared Current Liabilities Long -Term Debt Common Stock Retained Earnings Sales Income from Station Corporation Police Corporation Debit Credit $ 326,000 142, $ 77,000 228,000 214,000 53,000 $ $ 13, 66,000 33,000 86,000 36,000 $477,000 5477, 000 Required: Prepare the basic consolidation entry required on December 3120X3 to prepare consolidated