On june 10, 20x8, private corporation acquired 70 percent of secret company’s common stock. the fair value of the noncontrolling interest was $19,800 on that date. summarized balance sheet data for the two companies immediately after the stock purchase are as follows: private corp. secret company item book value book value fair value cash $ 31,800 $ 8,000 $ 8,000 accounts receivable 49,000 13,000 13,000 inventory 94,000 23,000 28,000 buildings & equipment (net) 135,000 69,000 89,000 investment in secret company 46,200 total $ 356,000 $ 113,000 $ 138,000 accounts payable $ 19,000 $ 3,000 3,000 bonds payable 233,000 69,000 69,000 common stock 42,000 12,000 retained earnings 62,000 29,000 total $ 356,000 $ 113,000 $ 72,000

required:

record the consolidation entries required to prepare a consolidated balance sheet immediately after the purchase of secret company shares. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)