I am having a lot of issues with this problem and am trying to get it figured out for the final project as well. I am mainly struggling on the calculations in the journal

entries. Any help would be great!!

3-1 Assignment.Less-Than-Wholly owned Acquired at - Help Save & E Submit Check my work 2 25 points 38. 1. Pop Corporation acquired 70 percent of Soda Company's voting common shares on January 1 20X2 for $118,300. At that date, the noncontrolling interest had a fair value of $50700 and Soda reported $70.000 of common stock outstanding and retained earnings of $31,000. The differential is assigned to buildings and equipment, which had a fair value $24.000 higher than book value and a remaining 10-year life, and to patents, which had a fair value $44.000 higher than book value and a remaining life of five years of the date of the business combination Trial balances for the companies as of December 31, 20X3, are as follows Pop Corporation Soda Company Ites Debit Credit Debit Credit Cash & Accounts Receivable $ 19,400 $ 25,600 Inventory 169.00 39.000 Land 44,00 building Equipment 264.00 Investment in Soda Company 119.20 cost of Goods Sold 190,00 53,600 Depreciation Expense 25. 20,000 Interest pense 20.000 9.200 Dividends Declared 19.00 Acte Depreciation $ 144, $ 35,00 Accounts Payable 96.400 39.000 Payable 233,16 9.000 Bon Preu 2,6 Como Stock 124.00 P, ined Earnings 131,00 64.000 264, Other Income 39.60 Incontro da Copy 11.02 31.010,6 11,040.00 $504,60 5504,60 On December 3120x2. Soda purchased inventory for $27000 and sold to pop for $45.000 Pop resold $28.000 of the inventory 3528.000 of the 545.000 scored from sodal during 2013 and had the remaining balance in inventory at December 31, 20X3 Dunno 2016, Soda od inventory purchased for $54.000 to Pop for $90,000, and Pop resold all but $26.000 of its purchase. On March 10, 20%. Pop sodiny purchased for 514000 to Sods for $20.000. Sodo told ab 57000 of the inventory porta December 20X1. Asume Pop uses they justed equity method that both companies te depreciation and that no property, plant and superben Durchased the coustion Required Prepare a consction entries beebid to prepare a fet of conto died financial statements at December 31, 20%, for