ProLock acquired all of the stock of Senyo for $20,000,000. At the date of acquisition, Senyos $7,600,000 of reported net assets were fairly stated, except land was overvalued by $500,000 and unrecorded in-process R&D was valued at $1,200,000. Senyos equity accounts were as follows:

Capital stock	$6,000,000
Retained earnings	3,000,000
Accumulated other comprehensive loss	(1,000,000)
Treasury stock	(400,000)
Total	$7,600,000

Required

Prepare the working paper eliminating entries needed to consolidate ProLock and Senyo at the date of acquisition.

Enter numerical answers using all zeros (do not abbreviate to thousands or millions).

Ref.	Description		Debit	Credit
(E)	Capital stock		Answer	Answer
	AnswerAccumulated other comprehensive lossCashGoodwillLandRetained earnings		Answer	Answer
	AnswerAccumulated other comprehensive lossCashGoodwillLandRetained earnings		Answer	Answer
	Treasury stock		Answer	Answer
	Investment in Senyo		Answer	Answer
(R)	In-process R&D		Answer	Answer
	AnswerAccumulated other comprehensive lossCashGoodwillLandRetained earnings		Answer	Answer
	AnswerAccumulated other comprehensive lossCashGoodwillLandRetained earnings		Answer	Answer
	Investment in Senyo		Answer	Answer