Most of the question is completed but I just need it to be reworked because I can't get the right answer for the ones marked with red X's.

On January 1, 2016, Monica Company acquired 80 percent of Young Company's outstanding common stock for $888,000. The fair value of the noncontrolling interest at the acquisition date was $222,000. Young reported stockholders' equity accounts on that date as follows: Common stock-$10 par value $300,000 Additional paid-in capital 70,000 Retained earnings 630,000 In establishing the acquisition value, Monica appraised Young's assets and ascertained that the accounting records undervalued a building (with a five-year remaining life) by $90,000. Any remaining excess acquisition date fair value was allocated to a franchise agreement to be amortized over 10 years. During the subsequent years, Young sold Monica inventory at a 20 percent gross profit rate. Monica consistently resold this merchandise in the year of acquisition or in the period immediately following. Transfers for the three years after this business combination was created amounted to the following: Inventory Remaining at Year-End (at transfer price) $32,000 34,000 40,000 Transfer Price $ 30,000 50,000 60,000 Year 2016 2017 2018 In addition, Monica sold Young several pieces of fully depreciated equipment on January 1, 2017, for $58,000. The equipment had originally cost Monica $94,000. Young plans to depreciate these assets over a 5-year period. In 2018, Young earns a net income of $200,000 and declares and pays $65,000 in cash dividends. These figures increase the subsidiary's Retained Earnings to a $960,000 balance at the end of 2018. Monica employs the equity method of accounting. Hence, it reports $154,640 investment income for 2018 with an Investment account balance of $1,062,800. Under these circumstances, prepare the worksheet entries required for the consolidation of Monica Company and Young Company. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Answer is complete but not entirely correct. No Transaction Credit Accounts Retained earnings. 1/1/18 (Young) Cost of goods sold Debit 6.800 8.800 Retained earnings. 1/1/18 (Monica) Equipment Accumulated depreciation 46.400 36.000 82.400 No journal entry required Common stock - Young Additional paid-in capital - Young Retained earnings. 1/1/18 (Young) Investment in Young Noncontrolling interest in Young 300.000 70.000 1.088,200 X 1.166.560 x 291.640 X 16.000 54.000 Franchise agreement Buildings Investment in Young Noncontrolling interest in Young 56.000 14.000 114,512 X Investment income Investment in Young 114 512 X 52.000 Investment in Young Dividends declared 52.000 18.000 2.000 Depreciation expense Amortization expense Buildings Franchise agreement 18.000 2.000 60.000 Sales Common stock - Monica 80.000 Cost of goods sold 8.000 Inventory 8.000 11 11.800 Accumulated depreciation Depreciation expense 11.600