Gama buys building on January 1, 2019 for $1,000,000 and has a
useful life of 10 years. Straight line depreciation is used. On
January 1, 2019, Gama sells building to 90% owned Rays for
$1,300,000. Rays also uses a remaining useful life of 10 years. At
December 31, 2019, prepare consolidation worksheet entries TA
(Transfer of asset) and “ED” for (“extra depreciation” ). Show
account names and amounts (use whatever lines necessary). Prepare
below the consolidation worksheet at December 31,...