Par corporation holds 60 percent of short publishing company’s voting shares. par issued $500,000 of 10 percent (paid semiannually) bonds with a 10-year maturity on january 1, 20x2, at 90. on january 1, 20x8, short purchased $100,000 of the par bonds for $106,000. partial trial balances for the two companies on december 31, 20x8, are as follows: accounts par corporation short publishing companyinvestment in short stock $141,000 investment in par bonds $104,676bonds payable $500,000 discount on bonds payable $21,289 interest expense $55,626 interest income $8,676interest payable $25,000 interest receivable $5,000prepare the worksheet consolidation entry or entries needed on december 31, 20x8, to remove the effects of the intercorporate bond ownership in preparing consolidated financial statements.

Make or buy eastside company incurs a total cost of $120,000 in producing 10,000 units of a component needed in the assembly of its major product. the component can be purchased from an outside supplier for $11 per unit. a related cost study indicates that the total cost of the component includes fixed costs equal to 50% of the variable costs involved. a. should eastside buy the component if it cannot otherwise use the released capacity? present your answer in the form of differential analysis. use negative sign represent a net disadvantage answer; otherwise do not use negative signs with your answers. cost from outside supplier $answer variable costs avoided by purchasing answer net advantage (disadvantage) to purchase alternative $answer b. what would be your answer to requirement (a) if the released capacity could be used in a project that would generate $50,000 of contribution margin? use negative sign represent a net disadvantage answer; otherwise do not use negative signs with your answers.