Trumbo Incorporated purchased a 70% interest in Biden Company in 2010 at book value. On January 1, 2012, equipment having a historical cost of $100,000 and a net book value of $70,000 is sold in an intercompany transfer for $90,000. The equipment has a remaining useful life of five years and no salvage value. Straight-line depreciation is used by both companies. Biden reports net income of $180,000 in 2012 and $200,000 in 2013. Required: Assume Trumbo sold the equipment to Biden. A. Prepare the consolidating worksheet entries for the equipment for 2012, 2013 and 2014. B. Calculate the noncontrolling interest share in Silk's income for 2012 and 2013