Question is half solved please answer part b.

E7-6 Consolidation Entries for Depreciable Asset Transfer: Year-End Sale LO 7-6 Pam Corporation holds 70 percent ownership of Spray Enterprises. On December 31, 20X6, Spray paid Pam $34,000 for a truck that Pam had purchased for $39,000 on January 1, 20X2. The truck was considered to have a 10-year life from January 1, 20X2, and no residual value. Both companies depreciate equipment using the straight-line method. Required: a. Prepare the worksheet consolidation entry or entries needed on December 31, 20X6, to remove the effects of the intercompany sale. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is complete and correct. No Event Accounts Debit Credit A 1 Gain on sale of truck Truck 14,500 5,000 Accumulated depreciation 19,500 b. Prepare the worksheet consolidation entry or entries needed on December 31, 20X7, to remove the effects of the intercompany sale. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) ces view transaction list transaction list x Debit Credit A Record the entry to eliminate the gain on the truck and to correct the asset's basis. B Record the entry to adjust Accumulated Depreciation