can you show me how you did the equations
Pop Corporation acquired 70 percent of Soda Company's voting common shares on January 1, 20X2, for $114,800. At that date, the noncontrolling interest had a fair value of $49,200 and Soda reported $70,000 of common stock outstanding and retained earnings of $25,000. The differential is assigned to buildings and equipment, which had a fair value $22,000 higher than book value and a remaining 10-year life, and to patents, which had a fair value $47,000 higher than book value and a remaining life of five years at the date of the business combination. Trial balances for the companies as of December 31, 20X3, are as follows: Pop Corporation Soda Company Item Debit Credit Debit Credit Cash & Accounts Receivable 17.400 $ 23.600 Inventory 167.000 37.000 Land 82,000 42.000 Buildings & Equipment 360,000 262,000 Investment in Soda Company 117, 100 Cost of Goods Sold 188,000 81,800 Depreciation Expense 25,000 20,000 Interest Expense 18.000 7,200 Dividends Declared 32,000 17,000 Accumulated Depreciation 142.000 $ 90.000 94.400 15% Accounts Payable 37,000 Bonds Payable 234,180 90.000 Bond Premium 1.600 Common Stock 122,000 70,000 Retained Earnings 129,900 62,000 Sales 262,000 140,000 Other Income 11,600 Income from Soda Company 10,420 $1,006,500 $1,006,500 $490,600 $490,600 On December 31, 20X2, Soda purchased inventory for $30,000 and sold it to Pop for $50,000. Pop resold $29,000 of the inventory (i.e., $29,000 of the $50,000 acquired from Soda) during 20X3 and had the remaining balance in inventory at December 31, 20X3. During 20X3, Soda sold inventory purchased for $54,000 to Pop for $90,000, and Pop resold all but $26,000 of its purchase. On March 10, 20X3, Pop sold inventory purchased for $16,000 to Soda for $32,000. Soda sold all but $8,000 of the inventory prior to December 31, 20X3. Assume Pop uses the fully adjusted equity method, that both companies ENG use straight-line depreciation, and that no property, plant, and equipment has been purchased since the acquisition. 5:41 PM Required: a. Prepare all consolidation entries needed to prepare a full set of consolidated financial statements at December 31, 20X3, for Pop and Soda. (If no entry is required for a 2/4/2020 transaction/event, select "No journal entry required" in the first account field.)