g. In 2017, Away constructs certain tools at a cost of $15,000 and sells them to Stallward, Inc., for $25,000. Stallward, Inc., depreciates such tools using the straight-line method over a 5-year...

g. In 2017, Away constructs certain tools at a cost of $15,000 and sells them to Stallward, Inc., for $25,000. Stallward, Inc., depreciates such tools using the straight-line method over a 5-year life. One-half year’s depreciation is taken in the year of acquisition.

Prepare the worksheet necessary to produce the consolidated financial statements of Away Company and its subsidiary for the year ended December 31, 2017. Include the determination and distribution of excess and income distribution schedules.