Preparing the I consolidation entries for sale of depreciable assets$-$Equity method remaining useful life of $6$ years. The parent uses the equity method to account for its Equity Investment.

a$.$ Compute the annual pre$-$consolidation depreciation expense for the subsidiary $($post$-$intercompany sale$)$ and the parent $($pre$-$intercompany sale$).$

Subsidiary$-$depreciation $

Parent$-$depreciation $

b$.$ Compute the pre$-$consolidation Gain on Sale recognized by the parent during $2019.$

c$.$ Prepare the required $[$I$]$ consolidation entry in $2019($assume a full year of depreciation$).$

$\backslash$table$[[$Description$,$Debit,Credit$],[[$lgain$],$Equipment,,,$276,000,0v$