Please complete problem P$8-14$A$,$ which is based off information given in P$8-14($information for both problems is provided$).$

P$8-14$A Consolidation Worksheet with Sale of Bonds to Subsidiary $($Straight$-$Line Method$)$

Assume the same facts as in P$8-14$ except for the changes in the trial balances and assuming the bonds were sold for $$82,000,$ but prepare entries using straight$-$line amortization of bond discount or premium.

$\backslash$table$[[$Item$,$Porter Company,Service Corporation$],[$Debit$,$Credit,Debit,Credit$],[$Cash & Accounts Receivable,$$80,200,,$$$40,000,],[$Inventory$,120,000,,65,000,],[$Buildings & Equipment,$500,000,,300,000,],[$Investment in Service Corporation Stock,$102,000,,,],[$Investment in Porter Company Bonds,,,$81,200,],[$Cost of Goods Sold,$99,800,,61,000,],[$Depreciation Expense,$25,000,,15,000,],[$Interest Expense,$6,000,,14,000,],[$Dividends Declared,$40,000,,10,000,],[$Accumulated Depreciation,,$$175,000,,$$$75,000$