On June 10, 20X8, Ge Corporation acquired 70 percent of Amber Company's common stock. The fair value of the noncontrolling interest was $22,200 on that date. Summarized balance sheet data for the two companies immediately after the stock purchase are as follows Game Corp Amber Company Book Value Item Fair Value Cash Accounts Receivable Inventory Buildings & Equipment (net) Investment in Amber Stock $ 30,800 47,000 83,000 127,000 51,800 $ 8,000 S 8,000 13,000 28,000 77,000 13,000 23,000 57,000 Total $339,600 $101,000 $126,000 3,000 49,000 Accounts Payable Bonds Payable Common Stock Retained Earnings $ 19,000 3,000 49,000 16,000 33,000 212,600 44,000 64,000 Total $339,600 $101,000 S 52,000 Required a. Record the consolidation entries required to prepare a consolidated balance sheet immediately after the purchase of Amber Company shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)