Server Corporation was created on January 1, 20X0, to develop computer software. On January 1, 20X5, Proxy Company acquired 90 percent of Server's common stock at its underlying book value. At that date, the fair value of the noncontrolling interest was equal to 10 percent of the book value of Server Corporation. Trial balances for Proxy and Server on December 31, 20X9, follow: On January 1, 20x7, Server sold equipment to Proxy for $48,000. Server had purchased the equipment for $90,000 on January 1 , 205, and was depreciating it on a straight-line basis with a 10-year expected life and no anticipated scrap value. The equipment's total expected life is unchanged as a result of the intercompany sale. Assume Proxy uses the fully adjusted equity method. . Prepare all consolidation entries required to prepare a three-part consolidated working paper at December 31, 209. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Consolidation Worksheet Entries Note: Enter debits before credits. a. Prepare all consolidation entries required to prepare a three-part consolidated working paper at December 31, 209. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Consolidation Worksheet Entries Record the entry to eliminate the gain on equipment and to correct asset's basis. Note: Enter debits before credits. . Prepare all consolidation entries required to prepare a three-part consolidated working paper at December 31, 209. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Consolidation Worksheet Entries Record the entry to adjust Accumulated Depreciation. Note: Enter debits before credits. b. Prepare a three-part worksheet for 209. Note: Values in the first two columns (the "parent" and "subsidiary" balances) that are to be deducted should be indicated with a minus sign, while all values in the "Consolidation Entries" columns should be entered as positive values. For accounts where multiple adjusting entries are required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Similarly, combine all credit entries into one amount and enter this amount in the credit column of the w