The individual financial statements for Gibson Company and Keller Company for the year ending December 31,2018, follow. Gibson acquired a 60 percent interest in Keller on January 1, 2017, in exchange for various considerations totaling $690,000, At the acquisition date, the fair value of the noncontrolling interest was $460,000 and Keller's book value was $920,000. Keller had developed intemally a customer list that was not recorded on its books but had an acquisition-date fair value of 230,000. This intangible asset is being amortized over 20 years. Gibson sold Keller land with a book value of $65,000 on January 2, 2017, for $140 000. Keller still holds this land at the end of the current year Keller regularly transfers inventory to Gibson in 2017,shipped inventory costing $196.000 to Gibson at a price of $280,000. During 2018, intra-entity shipments totaled $330,000, although the original cost to Keller was only $214 500. 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 $70,000 at the end of 2018 Gibson Company Keller Company Sales Cost of goods sold Operating expenses Equity in earnings of Keller $ (930,000) 630,000 120,000 (66,000 (630,000) 30,000 90,000 (246,000) (110,000) Net income Retained eamings, 1/1/18 Net income (above) Dividends declared $(1,246,000) (1 10,000) 135,00035000 (760,000) 82,000 S 90,000 540,000 450,000 Retained earnings, 12/31/18 Cash Accounts receivable Inventory Investment in Keller Land Buildings and equipment (net $ (1,357,000) 382,000 520,000 918,000 240,000 509,000 $ 2,751,000 (674,000) (720,000) 520,000 430,000 2,030,000 Total assets Liabilities Common stock Additional paid-in capital Retained eamings, 12/3118 (450,000) (90,000) 1760,0002 (2,030,000) 11357 ,000) $ (2,751,000) Total liabilities and equities Note: Parentheses indicate a credit balance.) a. Prepare a worksheet to consolidate the separate 2018 financial statements for Gibson and Keller