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Plaza Corporation acquired 100 percent of Square Corporation's voting common stock on December 31,204, for $415,000. At the date of combination, Square reported the following: At December 31,204, the book values of Square's net assets and liabilities approximated their fair values, except for buildings, which had a fair value of $17,000 less than book value, and inventories, which had a fair value $35,000 more than book value. Required: Plaza Corporation wishes to prepare a consolidated balance sheet immediately following the business combination. Prepare the consolidation entry or entries needed to prepare a consolidated balance sheet at December 31,204. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. A Record the basic consolidation entry. B Record the excess value (differential) reclassification entry