Plug Corporation acquired $35$ percent of Spark Corporation's stock on January $1,20$X$8,$ by issuing $25,000$ shares of its $$2$ par value

common stock. Spark Corporation's balance sheet immediately before the acquisition contained the following items:

Shares of Plug were selling at $$8$ at the time of the acquisition. On the date of acquisition, the remaining economic life of buildings and

equipment held by Spark was $20$ years. The amount of the differential assigned to goodwill is not impaired. For the year $20$X$8,$ Spark

reported net income of $$70,000$ and paid dividends of $$10,000.$

Required:

a$.$ Prepare the journal entries recorded by Plug Corporation during $208$ related to its investment in Spark Corporation.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.