Saved 17 Plug Products owns 80 percent of the stock of Spark Filter Company, which it acquired at underlying book value on August 30, 20X6. 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: Plug Products Debit Credit Spark Filter Company Debit Credit 14 points $ 161,000 $105,000 Skipped 232,000 279,000 123,000 185,000 eBook 252,873 Ask 167,000 132,000 Cash and Accounts Receivable Inventory Buildings & Equipment (net) Investment in Spark Filter Company Cost of Goods Sold Depreciation Expense Current Liabilities Common Stock Retained Earnings Sales Income from Spark Filter Company Total 35,000 25,000 Print $ References 181,327 192,000 455,000 255, 273 $ 82, 727 79,000 203,000 205, 273 43,273 $1,126,873 $1,126,873 $570,000 $570,000 On January 1, 20x8, Plug's inventory contained filters purchased for $64,000 from Spark Filter, which had produced the filters for $44,000. In 20x8, Spark Filter spent $104,000 to produce additional filters, which it sold to Plug for $151,273. By December 31, 20X8, Plug had sold all filters that had been on hand January 1, 20X8, but continued to hold in inventory $45,382 of the 20X8 purchase from Spark Filter. Required: a. Prepare all consolidation entries needed to complete a consolidation worksheet for 20X8. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) view transaction list Consolidation Worksheet Entries