Maira 1993 + Ctrl All Calculate the amounts that will appear in consolidated financial statements for the items below that are selected from different parts of different financial statements of Parent Par and Subsidiary Sag by completing the partial worksheet: 3 Ctrl All Adjustments and Consolidated Par Sag 90% Eliminations Sales $ 700 500 a 50 Income from Sag 70 D 70 Gain on land 10 Gain on equipment 20 C 20 Cost of sales 300 300 b 10 a 50 Depreciation expense 90 35 C 10 Retained earnings - Parent $ 600 Retained earnings - Subsidiary $ 200 ??? Dividends 100 50 D 45 g5 95 Cash $ 35 $ 30 Accounts receivable 90 110 f12 Inventories 100 80 b 10 Accounts payable $ 160 $ 50 f12 Other liabilities 340 70 Capital stock 500 500 e500 Retained earnings 700 260 Equipment - net 500 400 C 10 Investment in Sag 655 D 25 e630 Maira 1993 + Ctrl All Calculate the amounts that will appear in consolidated financial statements for the items below that are selected from different parts of different financial statements of Parent Par and Subsidiary Sag by completing the partial worksheet: 3 Ctrl All Adjustments and Consolidated Par Sag 90% Eliminations Sales $ 700 500 a 50 Income from Sag 70 D 70 Gain on land 10 Gain on equipment 20 C 20 Cost of sales 300 300 b 10 a 50 Depreciation expense 90 35 C 10 Retained earnings - Parent $ 600 Retained earnings - Subsidiary $ 200 ??? Dividends 100 50 D 45 g5 95 Cash $ 35 $ 30 Accounts receivable 90 110 f12 Inventories 100 80 b 10 Accounts payable $ 160 $ 50 f12 Other liabilities 340 70 Capital stock 500 500 e500 Retained earnings 700 260 Equipment - net 500 400 C 10 Investment in Sag 655 D 25 e630