Problem Company owns $90$ percent of Solution Dairy"s stock. The balance sheets of the two companies immediately after the Solution acquisition showed the following amounts:

The fair value of the noncontrolling interest at the date of acquisition was determined to be $\backslash (\backslash$$ $30,400\backslash ).$ The full amount of the increase over book value is assigned to land held by Solution. At the date of acquisition. Solution owed Problem $\backslash (\backslash$$ $11,000\backslash )$ plus $\backslash (\backslash$$ $1,300\backslash )$ accrued interest. Solution had recorded the accrued interest, but Problem had not.

Required:

Prepare a consolidated balance sheet worksheet.

Note: Values In the first two columns $($the "parent" and "subsidlary" balances$)$ that are to be deducted should be Indleated with a minus sign, while all values In the "Consolldation Entrles" columns should be entered as positive values. For accounts where multiple adjusting entries are required, comblne all deblt entries into one amount and enter this amount in the debit column of the worksheet. Slmilarly, comblne all credit entrles Into one amount and enter thls amount in the credit column of the worksheet.