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Peoce Corporation acquired 75 percent of the ownership of Symbol Company on January 1, 20X1. The foir volue of the noncontrolling interest ot acquisition was equal to its proportionate shore of the fair value of the net assets of Symbol. The full amount of the differential ot acquisition wos attributable to buildings and equipment, which had a remaining Useful life of eight years. Financial statement dato for the two componies and the consolidated entity at December 31,206, are as follows: profits ot December 31,206, were eliminoted on Symbol's books. Assume Peace uses the fully adjusted equity method and that Peoce does not moke the optional depreciation consolidation worksheet entry. g. Prepore the consolidotion entry used in eliminating intercompony inventory soles during 206. Note: If no entry is required for a transaction/event, select "No journal entry required" In the first account field. Consolidation Worksheet Entries Record the entry to eliminate the intercompany inventory sales. Note: Enter debita before credita. h. What wos the amount of unreslized inventory profit st jonuery 1,206 ? 1. What balance in accounts receivoble did Peoce report at December 31,206