Price Corporation acquired 100 percent ownership of Saver Company on January 1,208, for $122,700. At...

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imageimageimageimageimageimage Price Corporation acquired 100 percent ownership of Saver Company on January 1,208, for $122,700. At that date, the fair value of Saver's buildings and equipment was $19,000 more than the book value. Buildings and equipment are depreciated on a 5-year basis. Although goodwill is not amortized, Price's management concluded at December 31, 20X8, that goodwill involved in its acquisition of Saver shares had been impaired and the correct carrying value was $2,000. No additional impairment occurred in 209. Trial balance data for Price and Saver on December 31, 20X9, are as follows: Required: a. Prepare all consolidating entries needed to prepare a three-part consolidation worksheet as of December 31, 209. b. Prepare a three-part consolidation worksheet for 209. c-1. Prepare a consolidated balance sheet for 209. c-2. Prepare a consolidated income statement for 209. c-3. Prepare a retained earnings statement for 209. Prepare all consolidating entries needed to prepare a three-part consolidation worksheet as of December 31,209. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Complete this question by entering your answers in the tabs below. Prepare a three-part consolidation worksheet for 209. Note: Values in the first two columns (the "parent" and "subsidiary" balances) that are to be deducted should be indicated with a minus sign, while all values in the "Consolidation Entries" columns should be entered as positive values. For accounts where multiple adjusting entries are required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Similarly, combine all credit entries into one amount and enter this amount in the credit column of the worksheet. Prepare a consolidated balance sheet for 209. Note: Amounts to be deducted should be indicated with a minus sign. Prepare a consolidated income statement for 209. Prepare a retained earnings statement for 209. Note: Enter any deduction with a minus sign

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