Close Window > Moving to another question will save this response Question 11 of 12 Question 1 10 points Save Answer When Jolt Co. acquired 75% of the common stock of Yelts Corp, Yelis owned and with a book value of $20,000 and a bir value of S100.000. Jolt owned land with a book value of $100,000 and a fair value of $200,000. Yelts owned bonds payable that has a book value of $20,000 and a fair value of $19,000. Jolt owned bonds payable that has a book value of $40,000 and a fair value of $41,000. After consolidation on acquisition date, what is the consolidated balance for (l) Land and (2) Bonds payable! (1) Consolidated balance of Land: (2) Consolidated balance of Bonds Payable: Arial 3(12pt) T E E Qi MacBook Pro