can someone help im not sure what im doing wrong

Rainforest Corporation exchanges 40,000 shares of $1 par value common stock, with a market value of $15 per share for all of the shares of Effective Systems, Inc. On the acquisition date, Effective Systems had $80,000 of Common Stock and $25,000 of Retained Earnings. Book values were equal to fair values except for land which was undervalued by $15,000. Required: a. Prepare the entry on Rainforest's books to record the purchase. b. Prepare all necessary consolidation entries. A. Effective Systems Inc common stock Common stock of Rainforest Corporation Paid in Capital B. Common Stock Goodwill Retained Earnings Land 80,000 40,000 40,000 80,000 40,000 25,000+40,000=65,000 15,000