i. On December 31, 2014, the companies have the following post-closing trial balances: 1. Prepare the worksheet necessary to produce the consolidated balance sheet of Book, Inc., and its...

i. On December 31, 2014, the companies have the following post-closing trial balances:

1. Prepare the worksheet necessary to produce the consolidated balance sheet of Book, Inc., and its subsidiary for the year ended December 31, 2014. Include a determination and distribution of excess schedule.

2. Prepare the formal consolidated statement of retained earnings for December 31, 2014.