Assume on January 1, 2018, a parent company acquired an 85% interest in a subsidiary's voting com- mon stock. On the date of acquisition, the fair-value of the subsidiary's net assets equaled their reported book values except for machinery and equipment, which had a fair value of $780,000 and a reported book value of $325,000. The machinery and equipment had a 5-year remaining useful life and no sal- vage value. The following are the highly summarized pre-consolidation income statements of the parent and subsidiary for the year ended December 31, 2019: Subsidiary $374,400 Income Statement Revenues.... Equity income.. Expenses Net income Parent $2,808,000 81,770 (1,872,000) $1,017,770 (187,200) $187,200 For the year ended December 31, 2019, what amounts will be reported for (1) consolidated net income and (2) net income attributable to the noncontrolling interest, respectively, in the parent's consolidated financial statements