Planet Corporation acquired 90 percent of Saturn Company's voting shares of stock in 20X1. During 20X4, Planet purchased 40,000 Playday doghouses for $24 each and sold 25,000 of them to Saturn for $30 each Saturn sold all of the doghouses to retail establishments prior to December 31, 20X4 for $45 each. Both companies use perpetual Inventory systems. Required: a. Prepare the journal entries Planet recorded for the purchase of Inventory and resale to Saturn Company in 20x4. (If no entry is required for a transaction/event, select "No Journal entry required" in the first account field.) View transaction et View transaction list Journal entry worksheet Record the purchase of inventory. Note: Enter dabits before credits Event General Journal Debit Credit Record entry Clear entry Viuw general Journal journal entry required" in the first account field.) company in View transaction that Journal entry worksheet