Having trouble finding values in red

Chrome File Edit View History B Bookmarks Profiles b Window Help 68 0. Thu 6:13 PM Q DE ... CSU-Global X McGraw-Hill X * Drop-in Sess X Review and X now Hurry! Ite X CSU-Global X McGraw-Hill X Question 3 - X + C https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.... Apps Bookmarks 3 Amazing Outrea... https://portal.csu... Illustration M Gmail YouTube Maps > Other Bookmarks Reading List Module 3 Critical Thinking Assignment i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 3 Power Corporation acquired 100 percent ownership of Scrub Company on February 12, 20X9. At the date of acquisition, Scrub Company reported assets and liabilities with book values of $420,000 and $183,000, respectively, common stock outstanding of $100,000, and retained earnings of $137,000. The book values and fair values of Scrub's assets and liabilities were identical except for 25 land, which had increased in value by $19,000, and inventories, which had decreased by $10,000. points Required: a. Prepare the following consolidation entries required to prepare a consolidated balance sheet immediately after the business combination assuming Power acquired its ownership of Scrub for $262,000. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is complete and correct. No Event Accounts Debit Credit A 1 Common stock 100,000 Retained earnings 137,000 Investment in Scrub Company 237,000 B 2 Land O 19,000 Goodwil 16,000 Inventories 10,000 Investment in Scrub Company 25.000 Mc Graw Prey. 3 of 4 Next > HillChrome File Edit View History B Bookmarks Profiles b Window Help 68 0. Thu 6:13 PM Q DE ... CSU-Global X McGraw-Hill X * Drop-in Sess X Review and X now Hurry! Ite X CSU-Global X McGraw-Hill X Question 3 - X + C https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.... Apps Bookmarks 3 Amazing Outrea... https://portal.csu... Illustration M Gmail YouTube Maps > Other Bookmarks Reading List Module 3 Critical Thinking Assignment i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 3 Required: a. Prepare the following consolidation entries required to prepare a consolidated balance sheet immediately after the business combination assuming Power acquired its ownership of Scrub for $262,000. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 25 points Answer is complete and correct. No Event Accounts Debit Credit A Common stock 100,000 Retained earnings 137,000 Investment in Scrub Company 237,000 B 2 Land 19,000 Goodwill 16,000 Inventories 10,000 Investment in Scrub Company 25,000 .. . .. . Mc Graw Prey. 3 of 4 HI Next > HillChrome File Edit View History B Bookmarks Profiles b Window Help 68 0. Thu 6:13 PM Q DE ... CSU-Global X McGraw-Hill X * Drop-in Sess X Review and X now Hurry! Ite X CSU-Global X McGraw-Hill X Question 3 - X + C https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.... Apps Bookmarks 3 Amazing Outrea... https://portal.csu... Illustration M Gmail YouTube Maps > Other Bookmarks Reading List Module 3 Critical Thinking Assignment i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 3 b. Prepare the following consolidation entries required to prepare a consolidated balance sheet immediately after the business 25 combination assuming Power acquired its ownership of Scrub for $233,000. (If no entry is required for a transaction/event, select points "No journal entry required" in the first account field.) x Answer is complete but not entirely correct. No Event Accounts Debit Credit A 1 Common stock 429,000 X Retained earnings 16,000 X Investment in Scrub Company 262,000 X B 2 Land 429,000 x Inventories 13,000 X Investment in Scrub Company 233,000 X Mc Graw Hill