The individual financial statements for Gibson Company and Keller Company for the year ending December 31, 2021, follow. Gibson acquired a 60 percent interest in Keller on January 1, 2020, in exchange for various considerations totaling $600,000. At the acquisition date, the fair value of the noncontrolling interest was $400,000 and Keller's book value was $800,000. Keller had developed internally a customer list that was not recorded on its books but had an acquisition-date fair value of $200,000. This intangible asset is being amortized over 20 years. Gibson uses the partial equity method to account for its investment in Keller. Gibson sold Keller land with a book value of $50,000 on January 2, 2020, for $110,000. Keller still holds this land at the end of the current year. Keller regularly transfers inventory to Gibson. In 2020, it shipped inventory costing $175,000 to Gibson at a price of $250,000. During 2021 , intra-entity shipments totaled $300,000, although the original cost to Keller was only $195,000. In each of these years, 20 percent of the merchandise was not resold to outside parties until the period following the transfer. Gibson owes Keller $55,000 at the end of 2021. (Note: Parentheses indicate a credit balance.) How would the consolidation entrles In requirement (a) have differed if Glbson had sold a bullding on January 2,2020 , with a $110,000 book value (cost of $240,000 ) to Keller for $200,000 Instead of land, as the problem reports? Assume that the bullding had a 10-year remaining life at the date of transfer. (Do not round Intermedlate calculations. If no entry Is required for a transaction/event, select "No journal entry required" In the first account field.) Consolidation Worksheet Entries Prepare Entry TA to defer the intra-entity gain as of the beginning of the year. Note: Enter debits before credits. How would the consolidation entrles In requirement (a) have differed if Glbson had sold a bullding on January 2,2020 , with a $110,000 book value (cost of $240,000 ) to Keller for $200,000 Instead of land, as the problem reports? Assume that the bullding had a 10-year remaining life at the date of transfer. (Do not round Intermedlate calculations. If no entry Is required for a transaction/event, select "No journal entry required" In the first account field.) Consolidation Worksheet Entries Prepare Entry ED to remove the excess depreclation for the current year created by the transfer price. Note: Enter debits before credits