Planet Corporation acquired $90$ percent of Saturn Company$$s voting shares of stock in $20$X$1.$ During $20$X$4,$ Planet purchased $40,000$ Playday doghouses for $$24$ each and sold $25,000$ of them to Saturn for $$30$ each. Saturn sold $18,000$ of the doghouses to retail establishments prior to December $31,20$X$4,$ for $$45$ each. Both companies use perpetual inventory systems.

b$.$ Prepare the journal entries Saturn recorded for the purchase of inventory and resale to retail establishments in $20$X$4.$

c$.$ Prepare the worksheet consolidation entry$($ies$)$ needed in preparing consolidated financial statements for $20$X$4$ to remove the effects of the intercompany sale.