Partial trial balance data for Phantom Corporation and Shadow Company at December 31, 20X7. are as follows:

1. Phantom Corporation purchased 60 percent ownership of Shadow Company on January \(1,20 \times 4\), for \(\$ 105.000\). Shadow reported retained earnings of \(\$ 30,000\) on January 1, 20X4. The purchase differential is assigned to copyrights that are being amortized over a sixyear life.
2. On August 13,20X7, Phantom sold land to Shadow for \(\$ 28,000\). Phantom also has accounts receivable from Shadow on services performed prior to the end of \(20 \times 7\).
3. Equipment purchased by Shadow for \(\$ 60,000\) on January 1, 20X4, was sold to Phantom on January 1, 20X6, for \(\$ 45,000\). The equipment is depreciated on a straight-line basis and had a total expected useful life of five years when purchased by Shadow Company. No change in life expectancy resulted from the intercompany transfer.

\section*{Required}
Compute the dollar amount for each of the balances indicated by a letter.

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Item Cash Accounts Receivable Inventory Phantom Corporation and Shadow Company Trial Balance Data December 31, 20X7 Phantom Corporation $ 66.500 Shadow Company $ 25.000 (d) 35.000 160,000 75.000 Buildings and Equipment Land Investment in Shadow Company Stock Cost of Goods Sold Depreciation Expense 345,000 150,000 Consolidated Entity $ 91.500 126.000 235.000 (i) 70,000 90,000 153,000 (f) 230,000 195.000 425.000 45,000 10,000 52.000 Amortization Expense (e) Miscellaneous Expense 18.000 15,000 33.000 Dividends Declared 25,000 20,000 25.000 Income to Noncontrolling Interest (1) Copyrights Total Debits Accumulated Depreciation Accounts Payable Common Stock $1,190,500 $615.000 $ 180,000 $ 80,000 $ 25.000 85.000 50.000 Additional Paid-In Capital Retained Earnings (b) 70.000 380,000 80.000 (k) Income from Subsidiary 15,500 Sales 343.000 (c) 593.000 Gain on Sale of Land (g) (h) Noncontrolling Interest 82.800 Total Credits $1.190.500 $615,000 $1.671.200 100,000 5.000 $1,671.200 (j) 101,000 (a) 140.000