Please help!

Plaza Corporation acquired 100 percent of Square Corporation's voting common stock on December 31, 20X4, for $395,000. At the date of combination, Square reported the following: Assets Cash Inventory Buildings (net) Liabilities $120,000 Current Liabilities 100,000 Long-Term Liabilities 420,000 Common Stock Retained Earnings $640,000 Total $ 80,000 200,000 120,000 240,000 $ 640,000 Total At December 31, 20X4, the book values of Square's net assets and liabilities approximated their fair values, except for buildings, which had a fair value of $20,000 less than book value, and inventories, which had a fair value $36,000 more than book value. Required: Plaza Corporation wishes to prepare a consolidated balance sheet immediately following the business combination. Prepare the consolidating entry or entries needed to prepare a consolidated balance sheet at December 31, 20X4. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) view transaction list Consolidation Worksheet Entries B Record the basic consolidation entry.