The individual financial statements for Abbey Company and Bellstar Company for the year ending December $31,2024,$ follow. Abbey acquired a $60$ percent interest in Bellstar on January $1,2023,$ in exchange for various considerations totaling $$570,000.$ At the acquisition date, the fair value of the noncontrolling interest was $$380,000$ and Bellstar$$s book value was $$850,000.$ Bellstar had developed internally a trademark that was not recorded on its books but had an acquisition$-$date fair value of $$100,000.$ This intangible asset is being amortized over $20$ years. Abbey uses the partial equity method to account for its investment in Bellstar. Abbey sold Bellstar land with a book value of $$60,000$ on January $2,2023,$ for $$100,000.$ Bellstar still holds this land at the end of the current year. Bellstar regularly transfers inventory to Abbey. In $2023,$ it shipped inventory costing $$100,000$ to Abbey at a price of $$150,000.$ During $2024,$ intra$-$entity shipments totaled $$200,000,$ although the original cost to Bellstar was only $$140,000.$ In each of these years, $20$ percent of the merchandise was not resold to outside parties until the period following the transfer. Abbey owes Bellstar $$40,000$ at the end of $2024.$ Note: Parentheses indicate a credit balance. Required: Prepare a worksheet to consolidate the separate $2024$ financial statements for Abbey and Bellstar. How would the consolidation entries in requirement $($a$)$ have differed if Abbey had sold a building on January $2,2023,$ with a $$60,000$ book value $($cost of $$140,000)$ to Bellstar for $$100,000$ instead of land, as the problem reports? Assume that the building had a $10-$year remaining life at the date of transfer. Note: Parentheses indicate a credit balance.a$.$ Prepare a worksheet to consolidate the separate $2024$ financial statements for Abbey and Bellstar. b$.$ How would the consolidation entries in requirement $($a$)$ have differed if Abbey had sold a building on January $2,2023,$ with a $\backslash (\backslash$$ $60,000\backslash )$ book value $($cost of $\backslash (\backslash$$ $140,000\backslash ))$ to Bellstar for $\backslash (\backslash$$ $100,000\backslash )$ instead of land, as the problem reports? Assume that the building had a $10-$year remaining life at the date of transfer. Complete this question by entering your answers in the tabs below. Prepare a worksheet to consolidate the separate $2024$ financial statements for Abbey and Bellstar. Note: Do not round intermediate calculations. For accounts where multiple consolidation entries are required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Similarly, combine all credit entries into one amount and enter this amount i the credit column of the worksheet. Input all amounts as positive values.Consolidation Worksheet Entries Prepare Entry $*$TA to defer the intra$-$entity gain as of the beginning of the year. Note: Enter debits before credits.Consolidation Worksheet Entries Prepare Entry ED to remove the excess depreciation for the current year created by the transfer price. Note: Enter debits before credits. in