Post Delivery Service acquired at book value 80 percent of the voting shares of Script Real Estate Company. On that date, the fair value of the noncontrolling interest was equal to 20 percent of Scripts book value. Script Real Estate reported common stock of $380,000 and retained earnings of $85,000. During 20X3, Post Delivery provided courier services for Script Real Estate in the amount of $20,000. Also during 20X3, Script Real Estate purchased land for $4,000. It sold the land to Post Delivery Service for $22,000 so that Post Delivery could build a new transportation center. Post Delivery reported $67,000 of operating income from its delivery operations in 20X3. Script Real Estate reported net income of $57,000 and paid dividends of $11,500 in 20X3. Required: Prepare all consolidation entries required in preparing a consolidation worksheet as of December 31, 20X3. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)