On January 1, 20X9, Parent Corporation acquired 90 percent of Small Corporation's stock for $324,000 cash. At that date, the noncontrolling interest had a fair value of $36,000. At that date Small had $150,000 of stock outstanding and reported retained earnings of $140,000. The fair values of all of Small's assets approximated their fair values except one of its buildings whose fair value exceeded its book value by $50,000. The remaining economic life for all Small's depreciable assets was ten years on the date of combination. The amount of the differential assigned to goodwill is not impaired. Small reported net income of $56,000 in 20X9 and declared no dividends. Required a. Give the eliminating entries needed to prepare a consolidated balance sheet immediately after Parent acquired Small Corporation stock