Following are several account balances taken from the records of Kaplan and Reckers as of December 31, 2009. A few asset accounts have been omitted here. All revenues, expenses, and div-

idends occurred evenly throughout the year. Annual tests have indicated no LO6 goodwill impairment.

Kaplan Reckers Sales.

. $ (800,000)

$(500,000)

Cost of goods sold.

. 400,000 280,000 Operating expenses ...

. 200,000 100,000 Investment income.

-0-

Retained earnings, 1/1 ..

. (1,400,000)

(700,000)

Dividends.

. 80,000 20,000 Trademarks...

. 600,000 200,000 Royalty agreements..

. 700,000 300,000 Licensing agreements ..

. 400,000 400,000 Liabilities..

. (500,000)

(200,000)

Common stock ($10 par value) ..

. (400,000)

(100,000)

Additional paid-in capital.

..... (500,000)

(600,000)

On July 1, 2009, Kaplan, acquired 80 percent of Reckers for $1,330,000 in fair-value consideration. In addition, Kaplan agreed to pay contingent consideration to the former owners of Reckers if cer¬ tain performance measures were achieved over the next three years. Kaplan assessed a $30,000 fan- value for the contingent performance obligation as of the acquisition date.

On July 1, 2009, Reckers’s assets and liabilities had book values equal to their fair value except for some trademarks (with 5-year remaining lives) that were undervalued by $150,000. Kaplan esti¬ mated Reckers’s total fair value at $1,630,000 on July 1, 2009.

For a consolidation prepared at December 31, 2009, what balances would be reported for the following?

Sales Consolidated Net Income Expenses Retained Earnings, 1/1 Noncontrolling Interest in Trademarks Subsidiary’s Net Income Goodwill