Pool Company purchased 90% of the outstanding common stock of Spruce Company on December 31, 2014, for cash. At that time the balance sheet of Spruce Company was as follows: Current assets Plant and equipment Land Total assets $1,123,900 976,700 163.170 $2.263,770 Liabilities $847.960 Common stock $20 par value 849,200 Other contributed capital 459,020 Retained earnings 211.390 Total 2.367,570 Less treasury stock at cost. 5.190 shares 103.800 Total equities $2.263.770 Prepare the elimination entry required for the preparation of a consolidated balance sheet workpaper on December 31, 2014, assuming the purchase price of the stock was $1,360,300. Assume that any difference between the book value of net assets and the value implied by the purchase price relates to subsidiary land. (Round answers to O decimal places, eg. 125. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) Account Titles and Explanation Common Stock Other Contributed Capital Retained Earnings Land Investment in Spruce Company Treasury Stock Noncontrolling Interest Debit 849200 459020 211390 Credit 1360300 103800