$1.(42\mathrm{.}5$ points$)$ Pete Corporation acquired $100\%$ ownership of Sue Company on January $1,2021,$ for $$128,000.$ At that date, the fair value of Sue$$s buildings and equipment was $$22,000$ more than the book value. Buildings and equipment are depreciated on a $10-$year basis; the balance of Sue$$s accumulated depreciation was $$50,000$ on the date of acquisition. Pete$$s management concluded on December $31,2021$ that goodwill involved in its acquisition of Sue shares had been impaired and the correct carrying value was $$2,500.$ Now The trial balance information for Pete and Sue for December $31,2022$ is below in the image.. Complete the consolidation worksheet below for $2022,$ including the Book Value anda. Complete the consolidation worksheet below for $2022,$ including the Book Value and

Excess Value tables.

b$.$ Prepare the consolidation entries for $2022.$

b$.2022$ Consolidation Entries: