The December $31,20X8,$ balance sheets for Pint Corporation and its $80$ percent$-$owned subsidiary Saloon Company contained the

following summarized amounts:

Pint acquired the shares $of$ Saloon Company $on$ January $1,20X8.On$ December $31,20X8,$ assume Pint sold inventory $to$ Saloon during

$20X8$ for $$120,000$ and Saloon sold inventory $to$ Pint for $$315,000.$ Pint's balance sheet contains inventory items purchased from

Saloon for $$101,000.$ The items cost Saloon $$61,000to$ produce. $In$ addition, Saloon's inventory contains goods $it$ purchased from Pint

for $$27,000$ that Pint had produced for $$16,200.$ Assume Saloon reported net income $of$ $$74,000$ and dividends $of$ $$14,800.$ Prepare all consolidation entries needed $to$ complete a consolidated balance sheet worksheet $asof$ December $31,20X8.$