QUESTIONS On January 3, 2020. Redding Company acquired 90 percent of Fame Corporations common for SOS. in to delete to volta and rate of Forebold and be wore and the far valere noncong Www 10 percent of the book Value of Frant. The stockholders equity counts of the two companies at the wonder REDDING FRAZER Common Stock (55 par value) $500,000 $200,000 Additional Paid in Capital 320.000 100.000 Retained Eaming 400.000 150.000 Total Stockholders' Equity $1.220.000 $450.000 NCI was assigned $20,000 in Redding's consolidated Income statement for 2020 Redding's not income from its own operations (excluding Investment Income) le $750,000 for the year 2020 Frazer declared $18,000 in cash dividende Input Requirement: 1. No $'s in the general journals. Otherwise, include a $ on all monetary amounts 2. Be sure to include the 1,000 separator (4.500 NOT 4500) 3. Where needed, round answers to the nearest $1. REQUIRED: Present the January 3, 2020 consolidation joumal entry needed to prepare the January 3, 2020 consolidated balance immediate after the combination General Journal DEBIT CREDIT ACCOUNT Click Save and Submit to save and submit. Click Save All Answers to save all answers