Need help with this question.

Please read the screenshot. It is asking for part A to prepare a consolidated financial statement of cashflow using indirect method based on the information on the screenshot problem below. Some of Part A, I already answered and I am stuck with the consolidating entries.

For part B, it is to prepare a consolidated statement of cashflow based on the given information from part A and given info below.

Thank you so much for the help!

All the info you need if on the screenshot and the questions are Part A and Part B below.

Protecto Corporation purchased 60 percent of Strand Company's outstanding shares on January 1, 20X1, for $28,800 more than book value. At that date, the fair value of the noncontrolling interest was $17,200 more than 40 percent of Strand's book value. The full amount of the differential is considered related to patents and is being amortized over an eight-year period. In 20X1, Strand purchased a piece of land for $74,000 and later in the year sold it to Protecto for $90,000. Protecto is still holding the land as an investment. During 20X3, Protecto bonds with a value of $200,000 were exchanged for equipment valued at $200,000. On January 1, 20X3, Protecto held inventory purchased previously from Strand for $52.500. During 20X3, Protecto purchased an additional $111,000 of goods from Strand and held $71,500 of this inventory on December 31, 20X3. Strand sells merchandise to the parent at cost plus a 25 percent markup. Strand also purchases inventory items from Protecto. On January 1, 20X3, Strand held inventory it had previously purchased from Protecto for $22,400, and on December 31, 20X3, it held goods it had purchased from Protecto for $9,100 during 20X3. Strand's total purchases from Protecto in 20X3 were $28,000. Protecto sells inventory to Strand at cost plus a 40 percent markup. The consolidated balance sheet at December 31, 20X2, contained the following amounts: Credit Debit $ 104,000 210,000 152,500 85,000 550,000 34,500 Cash Accounts Receivable Inventory Land Buildings and Equipment Patents Accumulated Depreciation Accounts Payable Bonds Payable Noncontrolling Interest Common Stock Retained Earnings Totals $ 202,000 171,400 84,000 121,600 27 , 287,000 $1,136 , $1,136,000 The consolidation worksheet below was prepared on December 31, 20X3. All consolidation entries and adjustments have been entered properly in the worksheet. Protecto accounts for its investment in Strand using the fully adjusted equity method. PROTECTO CORPORATION AND STRAND COMPANY Consolidation Worksheet December 31, 20X3 Consolidation Entries Protecto Corporation Strand Company DR CR Consolidated Income Statement Sales $ 540,000 $ 430,000 $ 831,000 $111,000 28,000 Less: Cost of Goods Sold (400,000) (310,000) (571, 800) $ 10,500 96,700 6,400 25,400 (44,000) (34,000) 5,750 (78,000) (5,750) (88,500) (53,000) (35,500) 17,870 $ 78,370 $ 33,000 $ Less: Depreciation Expense Less: Amortization Expense Less: Other Expense Income from Strand Co. Consolidated Net Income NCI in Net Income of Strand Controlling Interest in Net Income Statement of Retained Earnings Beginning Balance Net Income Less: Dividends Declared Ending Balance 21,320 $166,070 11,680 $177,750 3,450 $142,450 2,300 $144,750 87,750 (9,380) 78,370 $ 78,370 $ 33,000 $ $210,000 177,750 $ 287,000 78,370 (64,000 $ 301,370 $ 210,000 33,000 (39,000) $ 204,000 $144,750 39,000 $183,750 $ 287,000 78,370 (64,000) 301,370 $387,750 Balance Sheet Assets Cash Accounts Receivable Inventory $ $ 31,200 96,000 135,000 $ 45,000 44,000 93,800 76,200 140,000 211,900 $ 14,300 2,600 28,750 Patent Investment in Subsidiary 170,470 $ 28,750 9,600 6,300 6,400 175,520 17,250 Land Buildings and Equipment Less: Accumulated Depreciation 80,000 518,000 (172,000) 23,800 310,000 (108,000) 16,000 74,000 74,000 87,800 754,000 (206,000) 0 $1,092,650 Total Assets $ 858,670 $ 408,600 $125,050 $299,670 $ 20,600 $ Liabilities & Equity Accounts Payable Bonds Payable Common Stock Retained Earnings NCI in NA of Strand 98,000 $ 101,300 186,000 270,000 301,370 86,000 204,000 $ 86,000 387,750 6,400 4, 20e $484,350 121,900 284,000 270,000 301,370 115,380 $183,750 114,480 11,500 $309,730 Total Liabilities & Equity $ 858,670 $ 408,600 $1,092,650 Required: a. Prepare a worksheet for a consolidated statement of cash flows for 20x3 using the indirect method. (Values in the first two columns (the "parent" and "subsidiary" balances) that are to be deducted should be indicated with a minus sign, while all values in the "Consolidation Entries" columns should be entered as positive values. For accounts where multiple adjusting entries are required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Similarly, combine all credit entries into one amount and enter this amount in the credit column of the worksheet.) PROTECTO CORPORATION AND SUBSIDIARY Consolidated Cash Flow Worksheet Year Ended December 31, 20X3 Consolidation Entries Balance Debit Credit 1/1/X3 Item Balance 12/31/X3 Assets $ $ 104,000 210,000 152,500 85,000 550,000 104,000 210,000 152,500 85,000 550,000 0 $ 1,101,500 0 $ 1,101,500 0 0 0 0 0 $ 0 $ 0 $ 0 $ 0 Cash Accounts receivable Inventory Land Buildings and equipment Less: Accumulated depreciation Patents Total Assets Liabilities & Equity Accounts payable Bonds payable Common stock Retained earnings Noncontrolling interest Total Liabilities & Equity Cash Flows from Operating Activities: Consolidated net income Amortization expense Depreciation expense Decrease in accounts receivable Increase in inventory Decrease in accounts payable Cash Flows from Investing Activities: Purchase of land Acquisition of buildings and equipment from bond issue Purchase of buildings and equipment Cash Flows from Financing Activities: Dividends Paid: To Protecto Corp. shareholders To noncontrolling shareholders Issuance of bonds for buildings and equipment Decrease in cash $ 0 $ 01 b. Prepare a consolidated statement of cash flows for 20X3. (Amounts to be deducted should be indicated with a minus sign.) PROTECTO CORPORATION AND SUBSIDIARY Consolidated Statement of Cash Flows Year Ended December 31, 20X3 Cash Flows from Operating Activities: Adjustments for noncash items: Changes in operating assets and liabilities: Cash Flows from Investing Activities: Cash Flows from Financing Activities: Dividends Paid: Cash balance at beginning of year Cash balance at end of year