The individual financial statements for Abbey Company and Bellstar Company for the year ending December 31, 2024, follow. Abbey acquired a 60 percent interest in Bellstar on January 1, 2023, in exchange for various considerations totaling $1,020,000. At the acquisition date, the fair value of the noncontrolling interest was $680,000 and Bellstar’s book value was $1,360,000. Bellstar had developed internally a trademark that was not recorded on its books but had an acquisition-date fair value of $340,000. This intangible asset is being amortized over 20 years. Abbey uses the partial equity method to account for its investment in Bellstar. Abbey sold Bellstar land with a book value of $75,000 on January 2, 2023, for $170,000. Bellstar still holds this land at the end of the current year. Bellstar regularly transfers inventory to Abbey. In 2023, it shipped inventory costing $234,000 to Abbey at a price of $390,000. During 2024, intra-entity shipments totaled $440,000, although the original cost to Bellstar was only $308,000. In each of these years, 20 percent of the merchandise was not resold to outside parties until the period following the transfer. Abbey owes Bellstar $35,000 at the end of 2024. ItemsAbbey CompanyBellstar CompanySales$ (1,040,000)$ (740,000)Cost of goods sold740,000540,000Operating expenses120,00075,000Equity in earnings of Bellstar(75,000)0Net income$ (255,000)$ (125,000)Retained earnings, 1/1/24$ (1,356,000)$ (740,000)Net income (above)(255,000)(125,000)Dividends declared145,00045,000Retained earnings, 12/31/24$ (1,466,000)$ (820,000)Cash$ 193,000$ 100,000Accounts receivable404,000650,000Inventory630,000560,000Investment in Bellstar1,116,0000Land210,000630,000Buildings and equipment (net)520,000540,000Total assets$ 3,073,000$ 2,480,000Liabilities$ (777,000)$ (960,000)Common stock(830,000)(600,000)Additional paid-in capital0(100,000)Retained earnings, 12/31/24(1,466,000)(820,000)Total liabilities and equities$ (3,073,000)$ (2,480,000) Note: Parentheses indicate a credit balance. Required: Prepare a worksheet to consolidate the separate 2024 financial statements for Abbey and Bellstar. How would the consolidation entries in requirement (a) have differed if Abbey had sold a building on January 2, 2023, with a $180,000 book value (cost of $380,000) to Bellstar for $340,000 instead of land, as the problem reports? Assume that the building had a 10-year remaining life at the date of transfer.