PLEASE HELP ME CORRECT THE WRONG ONES. I'LL APPRECIATE IT BIG TIME. Thanks.

Pop Corporation acquired 70 percent of Soda Company's voting common shares on January 1, 20X2, for $108,500. At that date, the noncontrolling interest had a fair value of $46,500 and Soda reported $70,000 of common stock outstanding and retained earnings of $30,000. The differential is assigned to buildings and equipment, which had a fair value $20,000 higher than book value and a remaining 10-year life, and to patents, which had a fair value $35,000 higher than book value and a remaining life of five years at the date of the business combination. Trial balances for the companies as of December 31, 20X3, are as follows: Soda Company Debit Credit $ 21,600 35,000 40,000 260,000 Item Cash & Accounts Receivable Inventory Land Buildings & Equipment Investment in Soda Company Cost of Goods Sold Depreciation Expense Interest Expense Dividends Declared Accumulated Depreciation Accounts Payable Bonds Payable Bond Premium Common Stock Retained Earnings Sales Other Income Income from Soda Company Pop Corporation Debit Credit $ 15,400 165,000 80,000 340,000 109,600 186,000 20,000 16,000 30,000 $140,000 92,400 200,000 79,800 15,000 5,200 15,000 $ 80,000 35,000 100,000 1,600 70,000 60,000 125,000 120,000 127,900 260,000 13,600 8,100 $962,000 $962,000 $471,600 $471,600 On December 31, 20X2, Soda purchased inventory for $32,000 and sold it to Pop for $48,000. Pop resold $27,000 of the inventory (i.e., $27,000 of the $48,000 acquired from Soda) during 20x3 and had the remaining balance in inventory at December 31, 20X3. During 20X3, Soda sold inventory purchased for $60,000 to Pop for $90,000, and Pop resold all but $24,000 of its purchase. On March 10, 20X3, Pop sold inventory purchased for $15,000 to Soda for $30,000. Soda sold all but $7,600 of the inventory prior to December 31, 20X3. Assume Pop uses the fully adjusted equity method, that both companies use straight-line depreciation, and that no property, plant, and equipment has been purchased since the acquisition. Required: a. Prepare all consolidation entries needed to prepare a full set of consolidated financial statements at December 31, 20X3, for Pop and Soda. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is not complete. No Entry Accounts Debit Credit 1 120.000 X Common stock Retained earnings Income from Soda Company NCI in NI of Soda Company 127,900 8,100 X 9,000 X Dividends declared Investment in Soda Company NCI in NA of Soda Company 16,000 X 17,500 X 2,100 X B 2 9,400 X 1,500 X Amortization expense Depreciation expense Income from Soda Company NCI in NI of Soda Company 8,100 X 9,000 X 3 340,000 X Buildings and equipment Patents Accumulated depreciation Investment in Soda Company NCI in NA of Soda Company 6,300 X 90,000 X 117,100 X 39,400 X D 4 80,000 X Accumulated depreciation Buildings and equipment 80,000 X E 5 39,400 X NCI in NA of Soda Company Investment in Soda Company Cost of goods sold 109,600 X 186,000 X F 6 39,400 X NCI in NA of Soda Company Investment in Soda Company Inventory 109,600 X 165,000 X G 7 260,000 Sales Cost of goods sold Inventory 186,000 X 35,000 X b. Prepare a three-part consolidation worksheet for 20X3. (Values in the first two columns (the "parent" and "subsidiary" balances) that are to be deducted should be indicated with a minus sign, while all values in the "Consolidation Entries" columns should be entered as positive values. For accounts where multiple adjusting entries are required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Similarly, combine all credit entries into one amount and enter this amount in the credit column of the worksheet.) Answer is complete but not entirely correct. POP CORPORATION & SUBSIDIARY Consolidated Financial Statement Worksheet For 20X3 Consolidation Entries Pop Corp. Soda Co. DR CR Consolidated Income Statement Sales $ $ 125,000 $ 120,000 $ 265.000 Other Income Less: COGS 260,000 13,600 (186,000) (20,000) (16,000) OOOOO 108,200 X (79,800) (15,000) (5,200) Less: Depreciation Expense Less: Interest Expense Less: Amortization Expense 2,000 13,600 (157,600) (37,000) (21,200) (7,000) 7,000 Income from Soda Company 14,400 6,300 0 8,100 59,700 Consolidated Net Income 25,000 143,400 7,800 151,200 114,500 2,700 117,200 55,800 (5,100) 50,700 $ 59,700 $ 25,000 $ $ $ NCI in Net Income Controlling Interest in Net Income Statement of Retained Earnings Beginning balance Net income Less: Dividends declared Ending Balance $ $ $ 60,000 151,200 127,900 59,700 (30,000) 157,600 60,000 $ 25,000 (15,000) 70,000 117,200 15,000 132,200 127,900 50,700 (30,000) 148,600 $ 211,200 $ Balance Sheet Cash and Accounts Receivable $ $ Inventory 11,800 X Land 15,400 $ 165,000 80,000 340,000 (140,000) 109,600 21,600 35,000 40,000 260,000 (80,000) OOOOO 20,000 65,000 X Buildings & Equipment Less: Accumulated Depreciation Investment in Soda Company Patents 65,000 X 4,000 25,900 X 37,000 188,200 120,000 555,000 (159,000) 90,000 21,000 852,200 6,300 X 21,000 112,300 Total Assets $ $ $ 106,700 $ $ 570,000 $ 92,400$ 200,000 $ Accounts Payable Bonds Payable Bonds Premium 127,400 276,600 35,000 100,000 1,600 70,000 70,000 OOOO Common Stock 120,000 157,600 300,000 1,600 120,000 148,600 9,000 706,600 70,000 211,200 2,100 283,300 Retained Earnings NCI in NA of Soda Company Total Liabilities & Equity 132,200 11,100 X 143,300 $ $ 570,000 $ 276,600 $ $