Price Corporation acquired $100$ percent ownership of Saver Company on January $1,20$X$8,$ for $$168,000.$ At that date, the fair value of

Saver's buildings and equipment was $$36,000$ more than the book value. Buildings and equipment are depreciated on a $10-$year basis.

Although goodwill is not amortized, Price's management concluded at December $31,20$X$8,$ that goodwill involved in its acquisition of

Saver shares had been impaired and the correct carrying value was $$6,500.$

Trial balance data for Price and Saver on December $31,20$X$8,$ are as follows:

Required:

a$.$ Prepare all consolidation entries needed to prepare a three$-$part consolidation worksheet as of December $31,20$X$8.$

b$.$ Prepare a three$-$part consolidation worksheet for $20$X$8$ in good form..