Pepper Company acquired all of Salt Corporation's stock on January 1, 206 for $150,000 cash. On December 31,207, the balance sheets of the two companjes showed the following amounts: Salt Corporation reported retained earnings of $75,000 at the date of acquisition. The difference between the acquisition price and underlying book value is assigned to buildings and equipment with a remaining economic llfe of five years from the date of acquisition. Required: 1) Give the appropriate consolidating entry or entries needed to prepare a consolidated balance sheet as of December 31,207. 2) Prepare a consolidated balance sheet worksheet as of December 31,207