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f-1. Assume that no intra-entity inventory or land sales occurred between Placid Lake and Scenic. Instead, on January 1, 2020, Scenic sold equipment (that originally cost $110,000 but had a $72,000 book value on that date) to Placid Lake for $94.000. At the time of sale, the equipment had a remaining useful life of five years. What worksheet entries are made for a December 31, 2021, consolidation of these two companies to eliminate the impact of the intro-entity transfer? 1-2. Assume that no intra-entity inventory or land sales occurred between Placid Lake and Scenic. Instead, on January 1, 2020, Scenic sold equipment (that originally cost $110,000 but had a $72,000 book value on that date) to Placid Lake for $94.000. At the time of sale, the equipment had a remaining useful life of five years. For 2021, what is the noncontrolling interest's share of Scenic's net income? Complete this question by entering your answers in the tabs below. Reg A Red Band C Reg D and E Reg F1 Reg F2