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 Spark Filter Company Debit Credit Debit Credit Cash and Accounts Receivable $ 145,000 $ 90,000 Inventory 220,000 110,000 Buildings and Equipment (net) 270,000 180,000 Investment in Spark Filter Company 268,000 Cost of Goods Sold 175,000 140,000 Depreciation Expense 30,000 20,000 Current Liabilities $ 150,000 $ 30,000 Common Stock 200,000 90,000 Retained Earnings 472,000 220,000 Sales 250,000 200,000 Income from Spark Filter Company 36,000 Total $ 1,108,000 $ 1,108,000 $ 540,000 $ 540,000 On January 1, 20X8, Plug's inventory contained filters purchased for $60,000 from Spark Filter, which had produced the filters for $40,000. In 20X8, Spark Filter spent $100,000 to produce additional filters, which it sold to Plug for $150,000. By December 31, 20X8, Plug had sold all filters that had been on hand January 1, 20X8, but continued to hold in inventory $45,000 of the 20X8 purchase from Spark Filter. Required: Prepare all consolidation entries needed to complete a consolidation worksheet for 20X8.