Can someone help me with part B?

6 Power Corporation acquired 100 percent ownership of Scrub Company on February 12, 20X9. At the date of acquisition, Scrub Company reported assets and liabilities with book values of $431,000 and $185,000, respectively, common stock outstanding of $88,000, and retained earnings of $158,000. The book values and fair values of Scrub's assets and liabilities were identical except for land, which had increased in value by $23,000, and inventories, which had decreased by $6,000. 5 b. Prepare the following consolidation entries required to prepare a consolidated balance sheet immediately after the business combination assuming Power acquired its ownership of Scrub for $242,000. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) view transaction list Consolidation Worksheet Entries Record the excess value (differential) reclassification entry. Note: Enter debits before credits. Event Accounts Debit Credit 2 Record entry Clear entry view consolidation entries