please help this homework question. thank you

Below are the condensed balance sheets of princecraft and sylvan companies just prior to princecraft's acquisition of all of the voting shares of sylvan for $40 million in cash. the book values of sylvan company's net assets approximate fair value.

Balance sheets	princecraft company	Sylvan company
cash	$60,000,000	$2,000,000
other current assets	20,000,000	8,000,000
property and equipment, net	70,000,000	15,000,000
Total assets	$150,000,000	$25,000,000
Total liabilities	$30,000,000	$8000,000
common stock	15,000,000	5,000,000
additional paid-in capital	45,000,000	10,000,000
retained earnings	60,000,000	2,000,000

Total liabilties and equity $150,000,000 $25,000,000

required

a. prepare the journal entry princecraft makes to record the acquisition on its own books

b. prepare the consolidation working paper at te date of acquisition

c. Prepare the consolidated balance sheet at the date of acquisition, in good form.