Hand owns 90% of Finger. In 2015 Hand purchases Land from third parties for $500,000. On January 1, 2018 Hand sells Land to Finger for $800,000. Finger holds the Land until December 31, 2020 and then sells it to third parties for $2,000,000. How much is Consolidated Gain on Sale for the year ended December 31, 2018 How much is Consolidated Land at December 31, 2018 What consolidation worksheet entry is required at December 31, 2018 What consolidation worksheet entry is required at December 31, 2019 What consolidation worksheet entry is required at December 31, 2020 How much is Consolidated Gain on sale for the year ended December 31, 2020

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