Penny Manufacturing Company acquired 75 percent of Saul Corporation stock at underlying book value. At the date of acquisition, the fair value of the noncontrolling interest was equal to 25 percent of Saul's book value. The balance sheets of the two companies for January 1, 20X1, are as follows: On January 2, 20X1, Penny purchased an additional 2,500 shares of common stock directly from Saul for $150,000. Requlred: a. Prepare the consolidation entry needed to complete a consolidated balance sheet worksheet immediately following the issuance of additional shares to Penny. (If no entry Is requlred for a tronsectlon/event, select "No journal entry requlred" In the flrst account fleld.) b. Prepare a consolidated balance sheet worksheet immediately following the issuance of additional shares to Penny. (Volues In the first two columns (the "porent" and "subsidlery" bolances) thet are to be deducted should be Indleated with a minus sign, while all volues In the "Consolldetion Entrles" columns should be entered as positlve values. For accounts where multiple acl]usting entrles ore required, combine all debit entrles Into one amount and enter thls amount In the debit column of the worksheet. SImilerly, combine all credit entrles Into one amount and enter this amount in the credit column of the worksheet.)