What are the consolidated entries for 20x2?

Parent acquired shares of Subsidiary as indicated below Shares acquired 74.700 Fair value per share $ 970 Remaining useful ide of equipment 10 Term Rate Note receivable Subsidiary Company December 31, 20X0 Book Value Fair Value Cash 5 68.7005 66.700 Other current assets 368.000 368.000 Equipment 772.000 638 000 Accumulated depreciation (262.000) Note receivable 104 400 95.000 Goodwill 87 500 Total 3 10611005 1.257200 5 128.000 (9.400) 87 500 206100 5 $ 108,100 344.000 805.100 206.100 Accounts payable Other liabilities Common stock (51 par value) Additional paid-in capital Retained earings Total 108,1005 344 000 83,000 333,000 183 000 1051,100 $ 1.257 200 206.100 Subsidiary 20X1 182,000 $ 4.489 Subsidiary 20X2 213,000 3.926 Shown below are Parent and Subsidiary separate company financial statements Parent Parent 20X1 20X2 Sales 569,000 $ 637,000 Interest income Dividend income 8,100 6,300 Expenses 404,000 452.000 Depreciation expense 85,000 84.000 Pretax income 88,100 107.300 Net income 3 881005 107 300 93 000 51.000 42489 104 000 82 000 30.926 42,4893 301926 $ s Beginning retained earnings Net income Dividends declared Ending retained earnings 20X1 95,000 $ 88,100 (19,000) 164,100 $ 20X2 164,100 107.300 (24.000) 247.400 20X1 183,000 $ 42 489 (9.000) 216,489 $ 20x2 216.489 30.926 (7.000) 240 415 3 $ $ $ 20X1 133.0005 710.000 1.490,000 (651,200) 20X2 141.000 753,000 1,669,000 (735200) Cash Other current assets Equipment Accumulated depreciation Note receivable Investment in Subsidiary Total 20X1 73,000 $ 390,000 818,000 (313,000) 91 302 20X2 77,000 413.000 867.000 (395,000) 77,640 724,590 274063903 724 590 2,552 390 5 1,059,3023 1.0397640 s $ $ Accounts payable Other liabilities Common stock (51 par value) Additional paid-in capital Retained earnings Total 109,290 $ 664,000 160,000 1,309,000 164, 100 2.406,390$ 62.990 710,000 178,000 1,354.000 247.400 2 552 390 113.813 5 313,000 83,000 333.000 216.489 1,059,3025 51.225 332.000 83,000 333,000 240.415 1.039,640 Parent acquired shares of Subsidiary as indicated below Shares acquired 74.700 Fair value per share $ 970 Remaining useful ide of equipment 10 Term Rate Note receivable Subsidiary Company December 31, 20X0 Book Value Fair Value Cash 5 68.7005 66.700 Other current assets 368.000 368.000 Equipment 772.000 638 000 Accumulated depreciation (262.000) Note receivable 104 400 95.000 Goodwill 87 500 Total 3 10611005 1.257200 5 128.000 (9.400) 87 500 206100 5 $ 108,100 344.000 805.100 206.100 Accounts payable Other liabilities Common stock (51 par value) Additional paid-in capital Retained earings Total 108,1005 344 000 83,000 333,000 183 000 1051,100 $ 1.257 200 206.100 Subsidiary 20X1 182,000 $ 4.489 Subsidiary 20X2 213,000 3.926 Shown below are Parent and Subsidiary separate company financial statements Parent Parent 20X1 20X2 Sales 569,000 $ 637,000 Interest income Dividend income 8,100 6,300 Expenses 404,000 452.000 Depreciation expense 85,000 84.000 Pretax income 88,100 107.300 Net income 3 881005 107 300 93 000 51.000 42489 104 000 82 000 30.926 42,4893 301926 $ s Beginning retained earnings Net income Dividends declared Ending retained earnings 20X1 95,000 $ 88,100 (19,000) 164,100 $ 20X2 164,100 107.300 (24.000) 247.400 20X1 183,000 $ 42 489 (9.000) 216,489 $ 20x2 216.489 30.926 (7.000) 240 415 3 $ $ $ 20X1 133.0005 710.000 1.490,000 (651,200) 20X2 141.000 753,000 1,669,000 (735200) Cash Other current assets Equipment Accumulated depreciation Note receivable Investment in Subsidiary Total 20X1 73,000 $ 390,000 818,000 (313,000) 91 302 20X2 77,000 413.000 867.000 (395,000) 77,640 724,590 274063903 724 590 2,552 390 5 1,059,3023 1.0397640 s $ $ Accounts payable Other liabilities Common stock (51 par value) Additional paid-in capital Retained earnings Total 109,290 $ 664,000 160,000 1,309,000 164, 100 2.406,390$ 62.990 710,000 178,000 1,354.000 247.400 2 552 390 113.813 5 313,000 83,000 333.000 216.489 1,059,3025 51.225 332.000 83,000 333,000 240.415 1.039,640