Suspect Company Issued $780,000 of 9 percent first mortgage bonds on January 1,201, at 104 . The bonds mature in 20 years and pay Interest semiannually on January 1 and July 1. Prime Corporation purchased $520,000 of Suspect's bonds from the original purchaser on January 1,205, for $518,000. Prime owns 60 percent of Suspect's voting common stock. Requlred: a. Prepare the worksheet consolidation entry or entrles needed to remove the effects of the Intercorporate bond ownership In preparing consolidated financial statements for 205. (If no entry is requlred for a transactlon/event, select "No Journal entry required" In the first account fleld. Do not round your Intermedlate calculations. Round your flnal answers to nearest whole dollar.) Prepare the worksheet consolidation entry or entries needed to remove the effects of the intercorporate bond ownership in reparing consolidated financial statements for 206. (If no entry is requlred for a transactlon/event, select "No journal entry equired" In the first account fleld. Do not round your Intermedlate calculations. Round your final answers to nearest whole dollar.) Suspect Company Issued $780,000 of 9 percent first mortgage bonds on January 1,201, at 104 . The bonds mature in 20 years and pay Interest semiannually on January 1 and July 1. Prime Corporation purchased $520,000 of Suspect's bonds from the original purchaser on January 1,205, for $518,000. Prime owns 60 percent of Suspect's voting common stock. Requlred: a. Prepare the worksheet consolidation entry or entrles needed to remove the effects of the Intercorporate bond ownership In preparing consolidated financial statements for 205. (If no entry is requlred for a transactlon/event, select "No Journal entry required" In the first account fleld. Do not round your Intermedlate calculations. Round your flnal answers to nearest whole dollar.) Prepare the worksheet consolidation entry or entries needed to remove the effects of the intercorporate bond ownership in reparing consolidated financial statements for 206. (If no entry is requlred for a transactlon/event, select "No journal entry equired" In the first account fleld. Do not round your Intermedlate calculations. Round your final answers to nearest whole dollar.)