Price Corporation acquired 100 percent ownership of Saver Company on January 1, 20X8, for $112,500. At that date, the fair value of Saver's buildings and equipment was $16,000 more than the book value. Accumulated depreciation on this date was $27,000. Buildings and equipment are depreciated on a 10-year basis. Although goodwill is not amortized, Prices management concluded at December 31, 20X8, that goodwill involved in its acquisition of Saver shares had been impaired and the correct carrying value was $2,600. No additional impairment occurred in 20X9. Trial balance data for Price and Saver on December 31, 20X9, are as follows:

	Price Corporation								Saver Company
Item	Debit			Credit					Debit			Credit
Cash	$	46,500							$	35,000
Accounts Receivable		87,000								23,000
Inventory		99,000								33,000
Land		58,000								34,000
Buildings & Equipment		357,000								169,000
Investment in Saver Company		127,000
Cost of Goods Sold		140,000								113,000
Wage Expense		33,000								18,000
Depreciation Expense		23,000								9,000
Interest Expense		10,000								2,000
Other Expenses		21,000								14,000
Dividends Declared		36,000								37,400
Accumulated Depreciation					$	163,000							$	45,000
Accounts Payable						34,000								15,000
Wages Payable						14,000								5,000
Notes Payable						139,000								117,400
Common Stock						190,000								54,000
Retained Earnings						150,100								42,000
Sales						296,000								209,000
Income from Saver Company						51,400
	$	1,037,500			$	1,037,500			$	487,400			$	487,400

Prepare all consolidating entries needed to prepare a three-part consolidation worksheet as of December 31, 20X9

Prepare a three-part consolidation worksheet for 20X9

Prepare a consolidated balance sheet for 20X9

Prepare a consolidated income statement for 20X9

Prepare a retained earnings statement for 20X9.