Mason Corporation acquired 100 percent ownership of Best Company on February 12, 20X9. At the date of acquisition, Best Company reported assets and liabilities with book values of $422,000 and $171,000, respectively, common stock outstanding of $99,000, and retained earnings of $152,000. The book values and fair values of Bests assets and liabilities were identical except for land, which had increased in value by $22,000, and inventories, which had decreased by $6,000. Required: a. Prepare the following consolidation entries required to prepare a consolidated balance sheet immediately after the business combination assuming Mason acquired its ownership of Best for $276,000. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) b. Prepare the following consolidation entries required to prepare a consolidated balance sheet immediately after the business combination assuming Mason acquired its ownership of Best for $247,000. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)