Qucstion Four: (10 Points) On January 1, 2020, Bahrain Co, acquired 80% of Manama Inc. for BD 500,000 cash. On the acquisition date Manama's equity accounts were common stock BD 90,000 additional paid in capital BD 100,000 and retained earnings BD 160,000. Manama's Buildings (25 years remaining life) was undervalued by BD 125,000 and Patent was overvalued by BD 25,000 (20 years remaining life). Goodwill of BD 175,000 was recognized and allocated proportionately to the controlling and noncontrolling interests. Manama earned net income and paid dividends as follow: On December 31, 2021, Manama Inc. owed BD 47,000 to Bahrain Co. There have been no changes in Manama 's common stock and additional paid in capital accounts since the acquisition date. Required: If the equity method had been applied by Bahrain Co. for this acquisition, Prepare the necessary consolidation entries needed as of December 31, 2021