please explain this problem step by step I am confused and need help.

P6-22 Eliminations for Upstream Sales LO 6-4 Clean Air Products owns 80 percent of the stock of Superior 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 Superior Filter. Summarized trial balance data for the two companies as of December 31, 20X8, are as follows Clean Air Products Superior Filter Company Debit Credit Debit Credit $ 93,000 115,000 185,000 S 159,000 Cash and Accounts Receivable Inventory 230,000 283,000 264,800 172,000 Buildings & Equipment (net) Investment in Superior Filter Stock Cost of Goods Sold Depreciation Expense Current Liabilities Common Stock Retained Earnings Sales Income from Subsidiary 137,000 30,000 40,000 S 195,600 180,000 464,000 266,000 43,200 S 47,000 78,000 219,000 216,000 Total $1,148,800 $1,148,800 560,000 560,000 On January 1, 20X8, Clean Air's inventory contained filters purchased for $68,000 from Superior Filter which had produced the filters for $48,000 In 20X8, Superior Filter spent $108,000 to produce additional filters, which it sold to Clean Air for $158,000 By December 31, 20x8, Clean Air had sold all filters that had been on hand January 1, 20X8, but continued to hold in inventory $47,400 of the 20x8 purchase from Superior 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.)