What kind of account is Investment in Sword Company and/or Income from Sword Company? I know that Goodwill is an intangible asset.

Can you all help me figure out what to do next to get the journal entry in Journal entry worksheet C, and D and Consolidation Worksheet Entries, A, B, C, D, and E and Prepare the three-part consolidation worksheet as of December 31, 20X7, please? I am referring to all the journal entries and the parts of the non-consolidated Trial balance, Consolidated journal entries, and Consolidated Trial Balance. Can you all make sure the dollar amounts you all type into the Journal entry worksheet C, and D and Consolidation Worksheet Entries, A, B, C, D, and E and Prepare the three-part consolidation worksheet as of December 31, 20X7 are correct, please? Can you all sure the step by step work, too, please? Thank you very much!

(2.) 1 Prince Corporation acquired 100 percent of Sword Company on January 1, 20x7 for $192,000. The trial balances for the two companies on December 31, 20X7, included the following amounts: Item Cash Sword Company Debit Credit $ 27,000 59,000 108,000 22,000 164,000 Accounts Receivable Inventory Land Buildings and Equipment Investment in Sword Company Cost of Goods Sold Depreciation Expense Other Expenses Dividends Declared Accumulated Depreciation Accounts Payable Mortgages Payable Common Stock Retained Earnings Sales Income from Sword Company Prince Corporation Debit Credit $ 91,000 54,000 186,000 89,000 493,000 231,000 493,000 21,000 63,000 68,000 $ 146,000 52,000 186,000 281,000 372,000 683,000 69,000 $1,789,000 $1,789,000 257,000 11,000 63,000 30,000 $ 55,000 26,000 128,000 43,000 86,000 403,000 $741,000 $741,000 Additional Information 1. On January 1, 20X7, Sword reported net assets with a book value of $129,000. A total of $30,000 of the acquisition price is applied to goodwill, which was not impaired in 20x7. 2. Sword's depreciable assets had an estimated economic life of 11 years on the date of combination. The difference between fair value and book value of tangible assets is related entirely to buildings and equipment. 3. Prince used the equity-method in accounting for its investment in Sword. 4. Detailed analysis of receivables and payables showed that Sword owed Prince $21,000 on December 31, 20x7. Required: a. Prepare all journal entries recorded by Prince with regard to its investment in Sword during 20x7. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) A B C D Record the initial investment in Sword Co. Note: Enter debits before credits. Credit Event 1 General Journal Investment in Sword Company Cash Debit 192,000 192,000 Post'ref. Credita Debita $192,0000 orf Datea Accounts and Explanationsa Jan-1, -20X70 Investment in Sword Company (A+) Cash (R+ Recorded purchase-ofSword- Company's Common stock. $192,0000 Journal entry worksheet Record Prince Corp's share of Sword Co.'s 20x7 dividend. Note: Enter debits before credits. Event General Journal 3 Debit Credit A D Record the amortization of the excess acquisition price. Note: Enter debits before credits. General Journal Debit Credit Event 4 Consolidation Worksheet Entries