Balance sheets for Pop Corporation and its 80 percent-owned subsidiary, Son Company, at December 31, 2017, are summarized as follows (in thousands):

ADDITIONAL INFORMATION
1. Pop Corporation paid $256,000 for its 80 percent interest in Son on January 1, 2016, when Son had capital stock of $200,000 and retained earnings of $20,000.
2. At December 31, 2017, Pop's inventory included items on which Son had recorded gross profit of $40,000.
REQUIRED:
Prepare a consolidated balance sheet for Pop Corporation and Subsidiary at December 31, 2017, under the entity theory of consolidation.

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Pop Son Assets Cash Receivables-net Inventories Plant assets-net Investment in Sit $ 100 150 220 430 288 $1,188 $ 40 70 60 170 Total assets $340 Liabilities and Stockholders' Equity Accounts payable Other liabilities $ 160 40 200 $ 30 10 Total liabilities Capital stock Retained earnings 6 388 988 $1,188 200 100 300 340 Stockholders' equity Total equities