Power Corporation acquired 100 percent ownership of Scrub Company on February 12,209. At the date of acquisition, Scrub Company reported assets and liabilities with book values of $428,000 and $168,000, respectively, common stock outstanding of $85,000, and retained earnings of $175,000. The book values and fair values of Scrub's assets and liabilities were identical except for land, which had increased in value by $20,000, and inventories, which had decreased by $9,000. Required: a. Prepare the following consolidation entries required to prepare a consolidated balance sheet immediately after the business combination assuming Power acquired its ownership of Scrub for $285,000. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) b. Prepare the following consolidation entries required to prepare a consolidated balance sheet immediately after the business combination assuming Power acquired its ownership of Scrub for $256,000. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)