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Plaza, Inc., acquires 80 percent of the outstanding common stock of Stanford Corporation on January 1, 2021, In exchange for $1,116,600 cash. At the acquisition date, Stanford's total falr value, Including the noncontrolling Interest, was assessed at $1,395,750. Also at the acquisition date, Stanford's book value was $586,300. Several IndIvidual Items on Stanford's financlal records had falr values that differed from their book values as follows: For Internal reporting purposes, Plaza, Inc., employs the equity method to account for this Investment. The following account balances are for the year ending December 31, 2021, for both companles. At year-end, there were no Intra-entity recelvables or payables. Prepare a worksheet to consoldate the financlal statements of Plaza, Inc., and Its subsidlary Stanford. (For accounts where multiple consolidation entrles are required, comblne all deblt entrles Into one amount and enter thls amount in the deblt column of the worksheet. SImllarly, combine all credit entrles Into one amount and enter this amount in the credit column of the worksheet. Input all amounts as positlve values.) \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{10}{|c|}{ PLAZA CORPORATION AND STANFORD CORPORATION } \\ \hline \multicolumn{10}{|c|}{ Consolidation Worksheet } \\ \hline \multicolumn{10}{|c|}{ For Year Ending December 31, 2021} \\ \hline & \multirow{2}{*}{\multicolumn{2}{|c|}{ Plaza }} & \multirow{2}{*}{\multicolumn{2}{|c|}{ Stanford }} & \multicolumn{2}{|c|}{ Consolidation Entries } & \multirow{2}{*}{NoncontrollingInterest} & \multirow{2}{*}{\multicolumn{2}{|c|}{ConsolidatedTotals}} \\ \hline Accounts & & & & & Debit & Credit & & & \\ \hline Revenues & $ & (951,600) & $ & (740,500) & & & & $ & (1,577,700) \\ \hline Cost of goods sold & & 526,100 & & 330,800 & & & & & 770,600 \\ \hline Depreciation expense & & 223,100 & & 28,800 & & & & & 219,200 \\ \hline Amortization expense & & 0 & & 23,400 & & & & & 25,800 \\ \hline Equity in income of Stanford & & (280,800) & & 0 & & & & & 0 \\ \hline Net income & $ & (483,200) & $ & (357,500) & & & & & \\ \hline \multicolumn{10}{|l|}{ Consolidated net income } \\ \hline \multicolumn{10}{|l|}{NCl share of CNI} \\ \hline \multicolumn{10}{|l|}{ Plaza share of CNI} \\ \hline Retained earnings, 1/1/21 & $ & (1,065,800) & $ & (442,600) & & & & & \\ \hline Net income & & (483,200) & & (357,500) & & & & & \\ \hline Dividends declared & & 250,800 & & 40,000 & & & & & \\ \hline Retained earnings, 12/31/21 & $ & (1,298,200) & $ & (760,100) & & & & & \\ \hline Current assets & $ & 718,900 & $ & 361,000 & & & & & \\ \hline Investment in Stanford & & 1,365,400 & & 0 & & & & & \\ \hline Tradenames & & 200,600 & & 300,700 & & & & & \\ \hline Property and equipment (net) & & 860,900 & & 201,600 & & & & & \\ \hline Patents & & 0 & & 126,500 & & & & & \\ \hline \multicolumn{10}{|l|}{ Goodwill } \\ \hline Total assets & $ & 3,145,800 & $ & 989,800 & & & & & \\ \hline Accounts payable & & (118,700) & & (86,000) & & & & & \\ \hline Common stock & & (250,700) & & (86,000) & & & & & \\ \hline Additional paid-in capital & & (1,478,200) & & (57,700) & & & & & \\ \hline \multicolumn{10}{|l|}{ Noncontrolling interest } \\ \hline Retained earnings, 12/31 & & (1,298,200) & & (760,100) & & & & & \\ \hline Total liabilities and equities & $ & (3,145,800) & $ & (989,800) & $ & $ & & & \\ \hline \end{tabular}

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