I need help with one part. What's wrong with it? .....

On January 1, 2017, Travers Company acquired go percent of Yarrow Company's outstandlng stock for $720,000. The 10 percent noncontrolllng Interest had an assessed fair value of S80,OOO on that date. Any acqulsltlon-date excess fair value over book value was attrlbuted to an unrecorded customer Ilst developed by Yarrow wlth a remalnlng Ilfe of 15 years. On the same date, Yarrow acqulred an 80 percent Interest In Stookey Company for $344,000 At the acqulsltlon date, the 20 percent noncontrolllng Interest fair value was $86,000 Any excess falr value was attrlbuted to a fully amortlzed copyrlght that had a remalnlng Ilfe of 10 years. Although both Investments are accounted for uslng the Inltlal value method, nelther Yarrow nor Stookey have dlstrlbuted dlvldends slnce the acqulsltlon date. Travers has a pollcy to declare and pay cash dlvldends each year equal to 40 percent of Its separate company operatlng earnlngs. Reported Income totals for 2017 follow: ;soo, ooo 160, ooo Stook e y 120,000 Followlng are the 2018 financlal statements for these three companles_ Stookey has transferred numerous amounts of Inventory to Yarrow slnce the takeover amountlng to $80,000 (2017) and $100,000 (2018). These transactions Include the same markup appllcable to Stookey's outslde sales. In each year. Yarrow carrled 20 percent ofthls Inventory Into the succeedlng year before dlsposlng of It An effectlve tax rate of 45 percent Is appllcable to all companles. All dlvldend declaratlons are pold In the same perlod_ {900, 000) 1600,000) Cost of geds 420, ooo 820,000 260, ooo Op a ting expe 100,000 so, ooo 140,000 000) (200, 000) '100,000) 1/1/18 {700,000) (Eoo,ooo) '320, 000) (200,000) (100, 000) 128, ooo 000) (800,000) '400,000) 444, 000 sao,ooo ooo 720, ooo 844,000 949, ooo ass, ooo 820, ooo aoo,ooo {721, 000) {soo, 000) tsoo,ooo) {200,000) {892,000) tsoo,ooo) {400,000) taoo,ooo) declared Coe s k t med 12/31/18 Stc key buildings, 1, EEO,ooo , 000) ; {1, SEO,OOO) ; {200, 000) 12/31/18 Total Liabilities Note: Parentheses Indicate a credit balance. a. Prepare the buslness comblnatlon's 2018 consolldatlon worksheet; Ignore Income tax effects. b. Determlne the amount of Income tax for Travers and Yarrow on e consolldated tax return for 2018. c. Determlne the amount of Stookey"s Income tax on a separate tax return for 2018. d. Based on the answers to requlrements (b) and (c), what Journal entry does thls comblnatlon make to record 2018 Income tax?