could you help me answer part b please

Current Attempt in Progress On May 1, 2015, Peters Company purchased 80% of the common stock of Smith Company for $52,900. Additional data concerning these two companies for the years 2015 and 2016 are: Any difference between book value and the value implied by the purchase price relates to Smith Company's land. Peters Company uses the cost method to record its investment. (a) Prepare the workpaper entries that would be made on a consolidated statements workpaper for the years ended December 31. 2015 and 2016 for Peters Company and its subsidiary, assuming that Smith Company's income is earned evenly throughout the year. (Credit account tities are outomatically indented when amount is entered, Do not indent manuallk. If no entry is required, select "No Entry" for the account tities and enter Ofor the omounts.) Calculate controlling interest in consolidated net income and consolidated retained earnings for 2015 and 2016. Current Attempt in Progress On May 1, 2015, Peters Company purchased 80% of the common stock of Smith Company for $52,900. Additional data concerning these two companies for the years 2015 and 2016 are: Any difference between book value and the value implied by the purchase price relates to Smith Company's land. Peters Company uses the cost method to record its investment. (a) Prepare the workpaper entries that would be made on a consolidated statements workpaper for the years ended December 31. 2015 and 2016 for Peters Company and its subsidiary, assuming that Smith Company's income is earned evenly throughout the year. (Credit account tities are outomatically indented when amount is entered, Do not indent manuallk. If no entry is required, select "No Entry" for the account tities and enter Ofor the omounts.) Calculate controlling interest in consolidated net income and consolidated retained earnings for 2015 and 2016