Account Titles Inventory, December 31 Other Current Assets Investment in Sub. Company Land Buildings and Equipment Accumulated Depreciation Patent Current Liabilities Bonds Payable Other Long-Term Liabilities Common StockP Co. Other Paid in CapitalP Co. Retained EamingsP Co. Common StockS Co. Other Paid in CapitalS Co. Retained EamingsS Co. Net Sales Cost of Goods Sold Operating Expenses Subsidiary Income Dividends DeclaredP Co. Dividends DeclaredS Co. Consolidated Net Income NCI Controlling Interest Total NCI Ret. Earn. Contr. Int. 12-31 100,000 235,000 588,000 140,000 315,000 (252,000) 50,000 (150,000) (200,000) (200,000) (100,000) (474,000) (600,000) 360,000 140,000 (72,000) 50,000 105,000 325,000 30,000 340,000 (130,000) (70,000) (100,000) (40,000) (150,000) (100,000) (200,000) (380,000) 223,000 62,000 Ad'ustments