The following financial statements were prepared on December 31 , Year 6. Additional Information Pearl purchased 80% of the outstanding voting shares of Silver for $4,000,000 on July 1, Year 2 at which time Silver's retained earnings were $480,000, and accumulated depreciation was $76,000. The acquisition differential on this date was allocated as follows: - 20% to undervalued imventory - 40% to equipment-remaining useful life 8 years - Balance to goodwial During Year 3 , a goodwiu impairment loss of $86.000 was recognized, and an impairment test conducted as at Decembet 34 , Year 6 indicated that a further loss of $36,000 had occurred. Amortization expense is grouped with cost of goods sold and impairment losses are grouped with administrative expenses Siver owes Pearl \$91,000 on December 31. Year 6 Required: (a) Prepare consoilidated tinancial statements on December 3t, Year 6. Iinput all amounts as positive values except accumulated depreclation which should be indicated by minus slgn. Omit $ sign In your response.)