Price Company purchased 90% of the outstanding common stock of Score Company on January 1, 2009, for $450,000. At that time, Score Company had stockholders' equity consisting of common stock, $200,000; other contributed capital, $160,000; and retained earnings $90,000. On December 31, 2013, trial balances for Price Company and Score Company were as follows:

	Price	Score
Cash	1,09,000	78,000
Accounts recevaable	1,66,000	94,000
Note receivable	75,000	0
Inventory	3,09,000	1,58,000
Investment in score company	6,33,600	0
Plant and equipment	9,40,000	4,20,000
Land	1,60,000	70,000
Dividends declared	70,000	50,000
Cost of goods sold	8,22,000	2,42,000
Operating expenses	2,50,000	1,24,000
Total debits	35,35,100	12,36,000
Accounts payable	1,32,000	46,000
Note payable	3,00,000	1,20,000
Common stock	5,00,000	2,00,000
Other contributed capital	2,60,000	1,60,000
Retained earnings, 1/1	7,95,000	2,10,000
Sales	14,20,000	5,00,000
Equity in subsidiary income	1,20,600	0
Interest income	7,500	0
Total credits	35,35,100	12,36,000

Price Company's note receivable is receivable from Score Company. The interest of $7, 500 was paid by Score to Price during 2013. Any difference between book value and the value implied by the purchase price relates to goodwill.

Prepare a consolidated statements workpaper on December 31, 2013, under the partial equity method.

Please do not copy from Chegg. I need an orginal answer with propert explanation with step by step explanation.