Prada Corporation paid $180,000 for a 75% interest in Santo Co.'s outstanding Capital Stock on January 1, 2015, when Santo 's stockholders' equity consisted of $150,000 of Capital Stock and $50,000 of Retained Earnings. Book values of Santo 's net assets were equal to their fair values on this date. The adjusted trial balances of Prada and Santo on December 31, 2015 were as follows:

Required:

Complete the partially prepared consolidated balance sheet working papers that appear below. (You must show all the adjusting and eliminations entries and show all the calculations)!!

Prada Corporation paid $180,000 for a 75% interest in Santo Co.'s outstanding Capital Stock on January 1, 2015, when Santo 's stockholders' equity consisted of $150,000 of Capital Stock and $50,000 of Retained Earnings. Book values of Santo 's net assets were equal to their fair values on this date. The adjusted trial balances of Prada and Santo on December 31.2015 were as follows: Required: Complete the partially prepared consolidated balance sheet working papers that appear below. (You must show all the adjusting and eliminations entries and show all the calculations)