16 Worksheet for Wholly Owned Subsidiary Pint Enterprises acquired 100 percent of Saloon Builders' stock on December 31, 20X4. Balance sheet data for Pint and Saloon on January 1, 20X5, are as follows: Cash & Receivables Inventory Buildings & Equipment (net) Investment in Saloon Builders Pint Enterprises $ 80,000 150,000 Saloon Builders $ 30,000 350,000 80,000 430,000 167,000 Total Assets $827,000 $460,000 Current Liabilities Long-Term Debt $100,000 $110,000 400,000 200,000 Common Stock 200,000 140,000 Retained Earnings 127,000 10,000 Total Liabilities & Stockholders' Equity $827,000 $460,000 At the date of the business combination, Saloon's cash and receivables had a fair value of $28,000, inventory had a fair value of $357,000, and buildings and equipment had a fair value of $92,000. Required a. Give all consolidation entries needed to prepare a consolidated balance sheet on January 1, 20X5. b. Complete a consolidated balance sheet worksheet. c. Prepare a consolidated balance sheet in good form.