On January $1,2023,$ Mona, Incorporated, acquired $90$ percent of Lisa Company$$s common stock as well as $70$ percent of its preferred shares. Mona paid $$81,000$ in cash for the preferred stock, with a call value of $110$ percent of the $$50$ per share par value. The remaining $30$ percent of the preferred shares traded at a $$50,000$ fair value. Mona paid $$625,500$ for the common stock. At the acquisition date, the noncontrolling interest in the common stock had a fair value of $$69,500.$ The excess fair value over Lisa$$s book value was attributed to franchise contracts of $$35,000.$ This intangible asset is being amortized over a $20-$year period. Lisa pays all preferred stock dividends $($a total of $$24,000$ per year$)$ on an annual basis. During $2023,$ Lisa$$s book value increased by $$73,000.$ On January $2,2023,$ Mona acquired one$-$half of Lisa's outstanding bonds payable to reduce the business combination's debt position. Lisa's bonds had a face value of $$100,000$ and paid cash interest of $7$ percent per year. These bonds had been issued to the public to yield $10$ percent. Interest is paid each December $31.$ On January $2,2023,$ these bonds had a total $$90,490$ carrying amount. Mona paid $$51,733,$ indicating an effective interest rate of $6$ percent. On January $3,2023,$ Mona sold Lisa fixed assets that had originally cost $$116,000$ but had accumulated depreciation of $$50,000$ when transferred. The transfer was made at a price of $$152,000.$ These assets were estimated to have a remaining useful life of $10$ years. The individual financial statements for these two companies for the year ending December $31,2024,$ are as follows: Complete this question by entering your answers in the tabs below.

Req $\backslash ($ A $\backslash )$ to $\backslash ($ C $\backslash )$

a$.$ What consolidation worksheet adjustments would have been required as of January $1,2023,$ to eliminate the subsidiary's common and preferred stocks?

b$.$ What consolidation worksheet adjustments would have been required as of December $31,2023,$ to account for Mona's purchase of Lisa's bonds?

c$.$ What consolidation worksheet adjustments would have been required as of December $31,2023,$ to account for the intra$-$entity sale of fixed assets?

Note: For all requirements, if no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

Round your intermediate calculations and final answers to the nearest whole dollar amount.

Consolidation Worksheet Entries

Prepare a combined entry for Consolidation Entries S and A$.$

Note: Enter debits before credits. Consolidation

Worksheet Entries

$1$

$3$

Prepare Entry B to account for Mona's purchase of Lisa's bonds.

Note: Enter debits before credits.

$\backslash$begin$\{$tabular$\}\{|$c$|$l$|$c$|$c$|\}$

$\backslash$hline Date & Accounts & Debit & Credit $\backslash \backslash$

$\backslash$hline B & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

$\backslash (\backslash$square $1\backslash )$ Consolidation

Worksheet Entries

$1$

$2$

$3$

Prepare Entry TA to account for the intra$-$entity sale of fixed assets.

Note: Enter debits before credits.

Assume that consolidated financial statements are being prepared for the year ending December $31,2024.$ Calculate the consolidated balance for each of the following accounts:

Note: Round your intermediate calculations and final answers to the nearest dollar amount.