Check my world 6 The December 31, 20x8, balance sheets for Pint Corporation and its 80 percent-owned subsidiary Saloon Company contained the following summarized amounts 16.7 points 02.10:23 PINT CORPORATION AND SALOON COMPANY Balance Sheets December 31, 20x8 Pint Corporation Assets Cash & Receivables $106,000 Inventory 152,000 Buildings & Equipment (net) 327,000 Investment in Saloon Company 254,800 Total Assets $339,8 Liabilities & Equity Accounts Payable $125,800 Common Stock 198,000 Retained Earnings 516,000 Total Liabilities & Equity $839,800 Saloon Company $ 54,000 119,000 281,000 $454,800 Pure References $ 80, eee 136.ee 238, eee $454,000 Pint acquired the shares of Saloon Company on January 1, 20x7 On December 31, 20x8, assume Pint sold inventory to Saloon during 20x8 for $114,000 and Saloon sold Inventory to Pint for $305,000. Pint's balance sheet contains inventory items purchased from Saloon for $95.000 The items cost Saloon $55,000 to produce In addition, Saloon's inventory contains goods it purchased from Pint for $31.000 that Pint had produced for $18,600. Assume Saloon reported net income of $77,000 and dividends of $15,400. Check my wer 6 Required: a Prepare all consolidation entries needed to complete a consolidated balance sheet worksheet as of December 31, 20X8. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) 16.7 points vlow transaction list 8 02:00:53 Consolidation Worksheet Entries eBook