The balance sheet of Sparkle Corporation at January 1, 20X7, reflected the following balances:

Harrison Corporation, which had just entered into an active acquisition program, purchased 80 percent of the common stock of Sparkle on January 2, 20X7, for \(\$ 470,000\). A careful review of the fair value of the assets and liabilities of Sparkle indicated the following:

\section*{Required}
Compute the appropriate amount to be included in the consolidated balance sheet immediately following the acquisition for each of the following items:

a. Inventory.

b. Land.

c. Buildings and Equipment (net).

d. Goodwill.

e. Investment in Sparkle Corporation.

f. Noncontrolling Interest.

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Cash and Receivables $ 80,000 Accounts Payable $ 40.000 Inventory 120,000 Income Taxes Payable 60.000 Land 70.000 Bonds Payable 200,000 Buildings and Equipment (net) 480.000 Common Stock 250.000 Retained Earnings 200,000 Total Assets $750.000 Total Liabilities and Stockholders' Equity $750.000