The December 31,208, balance sheets for Pint Corporation and its 80 percent-owned subsldiary Saioon Company contained the following summarized amounts: PInt acquired the shares of Saloon Company on January 1, 20x7, On December 31,208, assume Pint sold Inventory to Saloon during 208 for $112,000 and Saloon sold inventory to Pint for $307,000. Pint's balance sheet contains Inventory ltems purchased from Saloon for $98,000. The items cost Saloon $58,000 to produce. In addition, Saloon's Inventory contains goods it purchased from Pint for $28,000 that Pint had produced for $16,800. Assume Saloon reported net Income of $74,000 and dividends of $14,800 Requlred: a. Prepare all consolidation entries needed to complete a consolldated balance sheet worksheet as of December 31,208. Note: If no entry is requilred for a transaction/event, select "No journal entry required" In the first account fleld. Do not round Intermedlate calculations