Consolidated balance sheet

SHORT PROBLEM II (30 POINTS) Pluto Corporation purchased 100\% of Scrooge Corporation's common stock on December 31, 2022, for $732,000. Presented below is the data from the acquisition date balance sheets of the two companies: Balan At the date of the business combination, the book values of Scrooge's net assets and liabilities approximated fair value. REQUIRED: 1. Prepare the consolidation entry or entries (if you choose to include the optional accumulated depreciation consolidation entry) needed to prepare a consolidated balance sheet immediately following the business combination