Sound Manufacturing Corporation prepared the following balance sheet as of January 1, 20X8:

Cash	$	40,000			Accounts Payable	$	50,000
Accounts Receivable		90,000			Bonds Payable		200,000
Inventory		180,000			Common Stock		100,000
Buildings & Equipment		500,000			Additional Paid-In Capital		70,000
Less: Accumulated Depreciation		(110,000	)		Retained Earnings		280,000
Total Assets	$	700,000			Total Liabilities & Equities	$	700,000

The company is considering a 2-for-1 stock split, a stock dividend of 4,000 shares, or a stock dividend of 1,500 shares on its $10 par value common stock. The current market price per share of Sound stock on January 1, 20X8, is $50. Promise Sales Corporation acquired 68 percent of Sound's common shares on January 1, 20X4, at underlying book value. At that date, the fair value of the noncontrolling interest was equal to 32 percent of Sound's book value. Required: Prepare the investment consolidation entry required to prepare a consolidated balance sheet at the close of business on January 1, 20X8, for each of the alternative transactions under consideration by Sound. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Record the consolidation entry if the Sound Manufacturing Corporation stock is split 2:1.

• Record the consolidation entry if a 4,000 share stock dividend is issued.

• Record the consolidation entry if a 1,500 share stock dividend is issued.