Police Corporation acquired 100 percent of Station Corporation's voting shares on January 1,20X3, at underlying book value. At that date, the book values and fair values of Station's assets and liabilities were equal Poice uses the equity method in accounting for its investment in Station. Adjusted trial balances for Police and Station on December 31, 20X4. are as follows. Required: a. Prepare the consolidation entries required on December 31,204, to prepare consolidated financial statements b. Prepare a three-part consolidation worksheet as of December 31,204 Complete this question by entering your answers in the tabs below. Prepare the consolidation ontries fequired on December 31 , 2044, to prepare consolidated financiar statements. Note: If no entry is required for a transaction/event, seiect "Wo journaf entor required" in the first account field. Journal entry worksheet Record the basic consolidation entry: Note: theer debits belore credits. Complete this question by entering your answers in the tabs below. Prepare a three-part consolidation worksheet as of December 31,204. Noto: Values in the first two columns (the "parent" and "yubsidiary" balances) that are to be deducted should be indicated with a minus sign, while all values in the "Consolidation Entries" colums should be entered as positive values. For accounts where multiple adjusting entries are required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Similatly, combine all credit ontries into one amount and enter this amount in the credit colurn of the worksheet