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: $ Spark Filter Company Debit Credit $ 109,000 114,000 185,000 Plug Products Debit Credit 146,000 231,000 277,000 260,400 170,000 50,000 $ 193,400 186,000 460,000 261,000 34,000 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 135,000 40,000 $ 69,000 89,000 214,000 211,000 $1,134,400 $1,134,480 $583,000 $583,000 On January 1, 20X8, Plug's inventory contained filters purchased for $68,000 from Spark Filter, which had produced the filters for $48,000. In 20X8, Spark Filter spent $108,000 to produce additional filters, which it sold to Plug for $153,000. By December 31, 20X8, Plug had sold all filters that had been on hand January 1, 20X8, but continued to hold in inventory $45,900 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.) 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.)