Please help me with requirement B$,$ I already completed Requirement A

Following are the individual financial statements for Gibson and Davis for the year ending December 31.2021' Sales o ' goods Sold Operating expenses Dividend income Retained earnings. 1/1/21 Dividends declared Retained earnings. Cash and receivables Inventory (net) Equipment (net) Total assets Liabilities Common stock Retained earnings. 12/31/21 rotal liabilities and stockholders' equity (775,000 zse.ooo oes.ooo) tusvvo) 80.000 552.000 585.000 '24.000 z.ZS7.ooo (2,287J0c) (364.000) 70,ooc (us,ooo) . coco (600000) 216,000 455000 1..92Doo 3000) (340000) (s 00.000) S Gibson acquired 60 percent of Davis on April 1.2021. for S604.200 On that date. equiprnent Owned by Davis (with a five-year remaining life) was overvalued by $81,000 Also on that date. the fair value of the 40 percent noncontrolling interest was S402,800. Davis earned incorne evenly during the year but declared the $40,000 dividend on November 1. 2021. a. Prepare a cub01idated income statement for the year ending December 31.2021 b. Determine the consolidated balance for each of the following accounts as ot Decen)er 31.2021 Goodwill Equipment (net) Common stock Buildings (net) Dividends declared Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B prepare a nsolidated income statement for the year ending Decernber 31, 2021. (Enter ail amounts as positive values.) Revenues Cost of goods sold Operaing expenses Consolidated net income Noncontrol.ng nterest CNI Controlling interest in CNI Goodwill Equipment (net) Common stock Buildings (net) Dividends declared e e e 05.500 e 298.350 1043.000 783.850 264.150 49260 214.890 Required B Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Requ Determine the consoli Goodwill Equipment (net) Common stock Bu"dings (net) Dividends declared Required B *ach of the following accounts as of December 31, 2021: