Priya Corporation acquired 100 percent of Sheldon Company stock on January 1, 2021, for $1,194,000 cash. Following are pre-closing trial balance amounts for Priya Corporation and Sheldon Company as of December 31, 2021. REQUIRED:(CLEARLY SHOW ALL OF YOUR WORK). a. Prepare the Investment Analysis for Priya Company's Investment in Sheldon account ON JANUARY 1, 2021 (4 POINTS) Fair Value of Consideration given from Priya Company to Sheldon's Shareholders: $ MINUS: MINUS: Book Value of Sheldon Company's Net Identifiable Assets $ EQUALS: Differential (if any) $ NEW GOODWILL (IF ANY) $ b. Recreate the JOURNAL ENTRIES recorded by Priya to account for its investment in Sheldon Company on January 1, 2021, and during 2021. (10 POINTS) c. Using your information from b. above, calculate the 12/31/21 balances for Priya Company's Investment in Sheldon and Income from Sheldon accounts. Use the T accounts provided below. ((USE AS A CHECK POINT - 0 POINTS) Priya Company's General Ledger Investment in Sheldon Income from Sheldon d. Prepare the necessary CONSOLIDATION WORKSHEET ENTRY on December 31, 2021. (20 POINTS) 3 e. Prepare the consolidation worksheet for the period ended December 31, 2021. Use the (picture format) template provided below. (20 POINTS)