Putt Corporation acquired 80 percent of Slice Company's voting common stock on January 1, 20X4, for $148,000. At that date, the fair value of the noncontrolling interest was $37,000. Slices balance sheet at the date of acquisition contained the following balances:

SLICE COMPANY
Balance Sheet
January 1, 20X4
Cash	$	21,000			Accounts Payable	$	26,000
Accounts Receivable		51,000			Notes Payable		230,000
Land		94,000			Common Stock		92,000
Building and Equipment		318,000			Additional Paid-in Capital		67,000
Less: Accumulated Depreciation		(91,000	)		Retained Earnings		(22,000	)
Total Assets	$	393,000			Total Liabilities and Stockholders' Equity	$	393,000

At the date of acquisition, the reported book values of Slice's assets and liabilities approximated fair value. Required: Prepare the consolidation entry or entries needed to prepare a consolidated balance sheet immediately following the business combination. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)