Following are financial statements for Moore Company and Kirby Company for 2010:

Sales. LO8 Moore

$

Kirby rp;nn nnn\

Cost of goods sold .

\OUU,UUU/

400,000 Operating and interest expense

. 100,000 160,000 Net income.

$

(40,000)

Retained earnings, 1/1/10

. $ (990,000)

$

(550,000)

Net income ....

(40,000)

Dividends paid ....

-0-

Retained earnings, 12/31/10

. $(1,060,000)

$

(590,000)

Cash and receivables . . .

$

180,000 Inventory .

160,000 Investment in Kirby.

-0-

Equipment (net).

420,000 Buildings .........

650,000 Accumulated depreciation—buildings.

. (100,000)

(200,000)

Other assets.

100,000 Total assets..

$ 1,310,000 Liabilities ..

$

(570,000)

Common stock.

(150,000)

Retained earnings, 12/31/10.

. .... (1,060,000)

(590,000)

Total liabilities and equity.

. $(2,798,000)

$(1,310,000)

• Moore purchased 90 percent of Kirby on January 1, 2009, for $657,000 in cash. On that date, the 10 percent noncontrolling interest was assessed to have a $73,000 fair value. Also at the acquisition date, Kirby held equipment (4-year remaining life) undervalued on the financial records by $20,000 and interest-bearing liabilities (5-year remaining life) overvalued by $40,000. The rest of the excess fair value over book value was assigned to previously unrecog¬ nized brand names and amortized over a 10-year life.

• During 2009 Kirby earned a net income of $80,000 and paid no dividends.

• Each year Kirby sells Moore inventory with a markup equal to 20 percent of the transfer price. Intercompany sales were $145,000 in 2009 and $160,000 in 2010. On January 1, 2010, 30 percent of the 2009 transfers were still on hand and, on December 31, 2010, 40 percent of the 2010 transfers remained.

• Moore sold Kirby a building on January 2, 2009. It had cost Moore $100,000 but had $90,000 in accumulated depreciation at the time of this transfer. The price was $25,000 in cash. At that time, the building had a five-year remaining life.

Determine all consolidated balances either computationally or by using a worksheet.