Plug Products owns 80 percent of the stock of Spark Filter Company, which it acquired at underlying book value on August 30,206. At that date, the fair value of the noncontrolling interest was equal to 20 percent of the book value of Spark Filter. Summarized trial balance data for the two companies as of December 31, 20X8, are as follows: On January 1, 20X8, Plug's inventory contained filters purchased for $60,000 from Spark Filter, which had produced the filters for $40,000. In 20X8, Spark Filter spent $100,000 to produce additional filters, which it sold to Plug for $150,000. By December 31 , 20X8, Plug had sold all filters that had been on hand January 1,208, but continued to hold in inventory $45,000 of the 208 purchase from Spark Filter. Required: a. Prepare all consolidation entries needed to complete a consolidation worksheet for 208. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) A Record the basic consolidation entry. B Record the entry to reverse last year's deferral. Record the entry to defer the current year's unrealized profits on inventory transfers. Record entry Clear entry view consolidation entries . Compute the balance assigned to the noncontrolling interest in the consolidated balance sheet as of December 31,208