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3-30 Consolidation Worksheet at End of the First Year of Ownership (Equity Method) Paper Company acquired $0 percent of Scissor Company's outstanding common stock for $296.000 on January 1. 20XS, when the book value of Scissor's net assets was equal to $370,000. Paper uses the equity method to account for investments. Trial balance data for Paper and Scissor as of December 31. 20X8, are as follows: requirelo a. Prepare any equity-method entry(ies) related to the investment in Scissor Company during 20X8. b. Prepare a consolidation workshect for 20X8 in good form