"December 31, 2006 balance sheets for Wren Corporation, and Schrub Corporation, its 90%-owned subsidiary, are presented in the first two columns of partially completed balance sheet working papers. Wren paid $160,000 for its 90% interest in Schrub on January 1, 2003 when Schrub had $150,000 of total stockholders' equity. The $25,000 costbook differential was assigned to plant assets with a 10-year remaining life. On January 1, 2006, Wren purchased $50,000 of Schrub Corporation's 10% bonds for $48,000, at which time the unamortized premium on the bonds was $2,000. The bonds pay interest on June 30 and December 31 and mature on December 31, 2010. Both Wren and Schrub use straightline amortization. Wren uses the equity method of accounting for its investment in Schrub.
Required: Complete the consolidated balance sheet working papers.