The following table shows preliminary financiration for Parent Corando con for the year ending December 31 202 prior to Parents acquisition of sth Parent ce Sub Co Retained in 1/1/21 160.000 84000 Net Income 40.000 32.000 Dividends declared (12.000 Retained earnings, 12/21/21 188.000 116.000 Currentes 120.000 40.000 land 40.000 36.000 Equipment 85.000 112.000 Liabilities 30 000 44000 Common stock 2.000 24.000 Additional paid in capital 25.000 4.000 On December 31, 2021 bequent to the preceding statement Parent paid $200.000 cash for all of the outstanding thwes of Sub Sub's comentat farve of 5125.000. Ai that these two companies tained their separate legal dentities, complete the foowing information. There is the correct number for foreach Hecord the only below DR Complete the location schedule Consideration $ bool van 1 of contrarred or book (Allocations $ Record the acquisition journal entry below. DR $ CR S Complete the allocation schedule: Consideration $ Book Value $ Excess of consideration transferred over book value $ Allocations: $ $ Record consolidation journal entry S: DR $ DR $ DR $ CR $ Record consolidation journal entry A DR $ DR $ CR $ The following table shows preliminary financiration for Parent Corando con for the year ending December 31 202 prior to Parents acquisition of sth Parent ce Sub Co Retained in 1/1/21 160.000 84000 Net Income 40.000 32.000 Dividends declared (12.000 Retained earnings, 12/21/21 188.000 116.000 Currentes 120.000 40.000 land 40.000 36.000 Equipment 85.000 112.000 Liabilities 30 000 44000 Common stock 2.000 24.000 Additional paid in capital 25.000 4.000 On December 31, 2021 bequent to the preceding statement Parent paid $200.000 cash for all of the outstanding thwes of Sub Sub's comentat farve of 5125.000. Ai that these two companies tained their separate legal dentities, complete the foowing information. There is the correct number for foreach Hecord the only below DR Complete the location schedule Consideration $ bool van 1 of contrarred or book (Allocations $ Record the acquisition journal entry below. DR $ CR S Complete the allocation schedule: Consideration $ Book Value $ Excess of consideration transferred over book value $ Allocations: $ $ Record consolidation journal entry S: DR $ DR $ DR $ CR $ Record consolidation journal entry A DR $ DR $ CR $