Post Delivery Service acquired at book value 80 percent of the voting shares of Script Real Estate CompanyOn that date, the value of the noncontrolling interest was equal to 20 percent of Script's book valueScript Real Estate reported common stock of $340,000 and retained earnings of $115,000. During 20X3Post Delivery provided courier services for Script Real Estate in the ame of $24,000 Also during 20X3, Script Real Estate purchased land for $3,000It sold the land to Post Delivery Service for $28,000 that post Delivery could build a new transportation centerPost Delivery reported $54,000 of operating income from its delivery operations in 20X3 Script Real Estate reported net income of $58,000 and paid dividends of $12,000 in 20X3

A. Compute consolidated net income for 20X3

B. Prepare all journal entries recorded by post delivery services related to its investment in script real estate assuming post uses the fully adjusted equity method in accounting for the investment.

C. Prepare all consolidation entries required in preparing a consolidation worksheet as of December 31, 20X3