The following intercompany transactions of XYZ Company occurred during the year 2020:

• Parent loaned $ 25,000 to Sub. To keep things simple, assume that there is no interest revenue or interest expense associated with this loan.
• Parent made a sale to Sub for $ 26,000 cash. The inventory had originally cost Parent $24,440. Sub then sold that same inventory to an outsider for $28,000.
• Parent made a sale to Sub for $ 30,000 cash. The inventory had originally cost Parent $ 22,560. Sub has not yet sold that same inventory to an outsider. (Dont forget equity method entry!)

Based on our conceptual discussion, what consolidation worksheet entries would you make?