Price Corporation acquired 100 percent ownership of Saver Company on January 1, 20x8, for $158,000. At that date, the fair value of Saver's buildings and equipment was $32,000 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, 20x8, that goodwill involved in its acquisition of Saver shares had been impaired and the correct carrying value was $5,500. Trial balance data for Price and Saver on December 31, 20x8, are as follows: Price Corporation Saver Company Item Debit Credit Debit Credit Cash $ 22,500 $ 27,000 Accounts Receivable 76,000 15,000 Inventory 96,000 31,000 Land 36,000 21,000 Buildings & Equipment 335,000 156,000 Investment in Saver Company 148,300 Cost of Goods Sold 131,000 95,000 Wage Expense 66,000 30,000 Depreciation Expense 28,000 13,000 Interest Expense 15,000 7,000 Other Expenses 25,500 20,000 Dividends Declared 36,000 19,000 Accumulated Depreciation $ 148,000 $ 70,000 Accounts Payable 75,000 22,000 Wages Payable 23,000 12,000 Notes Payable 156,000 32,000 Common Stock 206,000 60,000 Retained Earnings 108,000 40,000 Sales 290,000 198,000 Income from Saver Company 9,300 $1,015,300 $1,015,300 $434,000 $434,000 Required: a. Prepare the following consolidating entries needed to prepare a three-part consolidation worksheet as of December 31, 20X8. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Requirea: a. Prepare the following consolidating entries needed to prepare a three-part consolidation worksheet as of December 31, 20X8. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) view transaction list Consolidation Worksheet Entries Record the optional accumulated depreciation consolidation entry. Note: Enter debits before credits. Event Debit Credit Accounts Accumulated depreciation Buildings and equipment Record entry Clear entry view consolidation entries