Power Corporation acquired 100 percent ownership of Scrub Company on February 12, 20x9. At the date of acquisition, Scrub Company reported assets and liabilities with book values of $436,000 and $180,000, respectively, common stock outstanding of $83.000, and retained eamings of $173.000. The book values and fair values of Scrub's assets and liabilities were identical except for land, which had increased in value by $15,000, and inventories, which had decreased by $6,000 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 $281,000 b. Prepare the following consolidation entries required to prepare a consolidated balance sheet immediately after the business combination assuming Power accuired its ownership of Scrub for $252.000