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 $390,000. At the acquisition date, the fair value of the noncontrolling interest was $260,000 and Kellers book value was $510,000. Keller had developed internally a customer list that was not recorded on its books but had an acquisition-date fair value of $140,000. 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 $65,000 on January 2, 2020, for $130,000. Keller still holds this land at the end of the current year.

Keller regularly transfers inventory to Gibson. In 2020, it shipped inventory costing $133,000 to Gibson at a price of $190,000. During 2021, intra-entity shipments totaled $240,000, although the original cost to Keller was only $156,000. 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 $60,000 at the end of 2021.

	Gibson Company				Keller Company
Sales	$	(840,000	)		$	(540,000	)
Cost of goods sold		540,000				340,000
Operating expenses		140,000				45,000
Equity in earnings of Keller		(93,000	)			0
Net income	$	(253,000	)		$	(155,000	)
Retained earnings, 1/1/21	$	(1,156,000	)		$	(640,000	)
Net income (above)		(253,000	)			(155,000	)
Dividends declared		135,000				45,000
Retained earnings, 12/31/21	$	(1,274,000	)		$	(750,000	)
Cash	$	173,000			$	100,000
Accounts receivable		364,000				450,000
Inventory		430,000				360,000
Investment in Keller		798,000				0
Land		150,000				430,000
Buildings and equipment (net)		500,000				340,000
Total assets	$	2,415,000			$	1,680,000
Liabilities	$	(511,000	)		$	(490,000	)
Common stock		(630,000	)			(360,000	)
Additional paid-in capital		0				(80,000	)
Retained earnings, 12/31/21		(1,274,000	)			(750,000	)
Total liabilities and equities	$	(2,415,000	)		$	(1,680,000	)

(Note: Parentheses indicate a credit balance.)

Prepare a worksheet to consolidate the separate 2021 financial statements for Gibson and Keller.