The amounts below are not list in $000\text{'}$s but the full number is used.

The $$1,000,000$ face bond pays interest semi$-$annually on $\frac{6}{30}$ and $\frac{12}{31}.$ On $\frac{1}{1}\frac{?}{19},$ the bond had $10$ years until

maturity. The bond was originally issued when the market rate was $7\%$ with a coupon rate of $8\%.$

The plant & equipment had remaining useful lives of $10$ years at $\frac{1}{1}\frac{?}{19}$ and the patent has a $5-$year useful life at $\frac{1}{1}\frac{?}{19}.$

The estimated fair value of anticipated operating synergies is $$500,000$ on $\frac{1}{1}\frac{?}{19}.$ On average the synergy impact on

income should be equally over the next $5$ years. workf

The estimated fair value of a Gardens trademark is $$2,000,000.$ Its estimated life is $8$ years.

The Notes Receivable terms are $$1,000,000$ due in $5$ years from $\frac{1}{1}\frac{?}{19}$ with $10\%$ annual interest payments. The market

rate of interest was also $10\%$ at the date of issue. The market rate on the note receivable at the date Gardens investment

was made was $9\mathrm{.}5\%.$

a$.$ Prepare the required consolidation entries for $2020.$ All numbers on the worksheet are in ${000}^{\text{'}}$ s$.$ These should be

neatly written on pages separately from the worksheet. Show all of your work in an organized, clear manner. Use

formatting similar to the in$-$class multiple year problem.

b$.$ Prepare the consolidated worksheet.$|$