7.18%.P purchased an 60% interest in S on 12/31/2020 for $60,000.On that date S's inventory had a FV of $15,000 and a BV of $5,000; other assets and liabilities had FV's which approximated their BV's.The book value of S's equity at acquisition was $40,000.

Compute the amounts as they would appear in the consolidated balance sheet.