What dollar amount/value should I insert in place of Accumulated depreciation in the Excess Value (Differential) Calculations) Table? It is because the dollar amounts that I have recorded for Accumulated depreciation and Investment in Slice Products Company are incorrect.

(1.)1 Pizza Corporation acquired 80 percent ownership of Slice Products Company on January 1, 20x1, for $155,000. On that date, the fair value of the noncontrolling interest was $38,750 and Slice reported retained earnings of $46,000 and had $99.000 of common stock outstanding. Pizza has used the equity method in accounting for its investment in Slice. Item Cash & Receivables Inventory Land Buildings & Equipment Investment in Slice Products Company Cost of Goods Sold Depreciation Expense Inventory Losses Dividends Declared Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Sales Income from Slice Products Company Pizza Slice Corporation Products Company Debit Credit Debit Credit $ 89,000 $ 80,000 270,000 91,000 85,000 85,000 512,6ee 164,000 187,180 118,000 46,000 24,000 14,000 14,000 6,000 39,000 16,400 $ 185,000 $ 98,000 54,000 16,000 275,680 96,400 287,000 99,000 301,080 89,000 209,000 104,000 26,500 $1,338,180 $1,338,180 $502,400 $502,400 1 Additional Information 1. On the date of combination, the fair value of Slice's depreciable assets was $48,750 more than book value. The accumulated depreciation on these assets was $10,000 on the acquisition date. The differential assigned to depreciable assets should be written off over the following 10-year period, 2. There was $13,000 of intercorporate receivables and payables at the end of 20x5. Required: a. Prepare all journal entries that Pizza recorded during 20x5 related to its investment in Slice. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 1 (Step-1)-Record-Pizza Corporation's-80%-share of Slice-Wood-Company's-20X5 income. I =-Net-sales revenue (Sales) --Cost of goods sold + Depreciation expense +-Inventory-Losses 1 =-$104,000-$46,000+ $14,000+ $6,000 1 =-$104,000-$66,000 1 = $38,000 8 100 1 = 0.089 =-$38,000-x-0.087 1 =-$30.4001 The board of directors of Pizza Company now owns-80%, or $30,400, of Slice-Wood Products- Company's net-income on or at the end of January 1, 20X5. Journal entry worksheet