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How to solve Police Corporation purchased 70 percent of Station Company's voting...

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Accounting

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Police Corporation purchased 70 percent of Station Company's voting shares on January 1,204, at underlying book value. On that date it also purchased $105,000 par value 12 percent Station bonds, which had been issued on January 1,201, with a 10-year maturity.
During preparation of the consolidated financial statements for December 31,204, the following consolidation entry was made in the worksheet:
\table[[Consolidation Worksheet Entries,Debit,Credit],[Bonds Payable,105,000,],[Bond Premium,10,200,],[Loss on Bond Retirement,2,500,],[Interest Income,?,],[Investment in Station Company Bonds,,118,200],[Interest Expense,,?
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