Plump Corporation acquired 100 percent of Slim Corporation's common stock on December 31, 20X2, for $240.000. Data from the balance sheets of the two companies included the following amounts as of the date of acquisition: At the date of the business combination, Slim's net assets and liabilities approximated fair value except for inventory, which had a fair value of $90,000, and buildings and equipment (net), which had a fair value of $168,000. Required: a. Give the consolidation entry or entries needed to prepare a consolidated balance sheet immediately following the business combination. b. Prepare a consolidation balance sheet worksheet. Complete this question by entering your answers in the tabs below. Give the consolidation entry or entries needed to prepare a consolidated balance sheet immedlately following the business combination. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the basic consolidation entry. Note: Enter debiss before credts. At the date of the business combination, Slim's net assets and Iabilities approximated fair value except for inventory, which had a fair value of $90,000, and buildings and equipment (net). which had a fair value of $168,000. Required: o. Give the consolidation entry or entries needed to prepare a consolidated balance sheet immediately following the business combination. b. Prepare a consolidation balance sheet worksheet. Complete this question by entering your answers in the tabs below. Prepare a consolldating balance sheet worksheet. Note: Values in the first two columns (the "parent" and "subsidiary" balances) that are to be deducted should be indicated with a minus sigr while all values in the "Consolidation Entries" columns should be entered as positive values, for accounts where multiple adjusting entries a required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Similarly, combine all credt entries into one amount and enter this amount in the credit column of the worksheet