2 Calculate Consolidated Balances For Stockholders' Equity.

3 Calculate Goodwill (Implied Goodwill). 4 Calculate Consolidated Balances For Plant & equipment.

5 Calculate Consolidated Balances For Current liabilities. 6 Calculate Consolidated Balances For Long-term debt. 7 Calculate Consolidated Balances For Investment in Solar. 8 Assuming that Solar has paid no dividends during the year, what is the ending balance of the noncontrolling interest in the subsidiary?

9 Assuming that Solar has paid dividends during the year for $50,000 what is the ending balance of the non controlling interest in the subsidiary?

Polaris Incorporated purchased 80% of The Solar Company on January 2, 2011, when Solar's book value was $800,000 Polans paid $700.000 for the acquisition and the far value of noncontroling interest was $175,000. At the date of acquistion the far value and book value of Solar's identifiable assets and abilities were equal At the end of the year, the separate companies reported the folowng balances (Using the implied Goodwill). Polans Scler Current assets 5,787,003 1258 009 Plant & equpment 15299 321 3.487 388 Investment in Solar 780 000 0 Goodwi 0 0 Current liabites 3.633 000 950 654 Long term debt 11 680 951 2800 357 Stockholder's Equity 6,400 159 900879 (Using the implied Goodwill). Calculate Consolidated Balances For Each Of The Accounts As Of December 31, 2011 12 Calculate Consolidated Balances For Current Assets *