Assume that a parent company acquired 80% of the outstanding voting common stock of a subsidiary on January 1, 2018. On the acquisition date, the identifiable net assets of the subsidiary had fair values that approximated their recorded book values except for a patent, which had a fair value of $200,000 and no recorded book value. On the date of acquisition, the patent had five years of remaining useful life and the parent company amortize its intangible assets using straight line amortization. During the year ended December 31, 2019, the subsidiary recorded sales to the parent in the amount of 5240,000. On these sales, the subsidiary recorded pre-consolidation gross profits equal to 25. Approximately 3 of this merchandise remains in the parent's inventory at December 31, 2019. The following summarized pre-consolidation financial statements are for the parent and the subsidiary for the year ended December 31, 2019 Investor investee SODO SADO DO 205000 200.000 40.000 SUNOD 220.000 Retained earning statement BOY 3148000 580.000 Dividends declared FOY retained earnings 51.500 $320.000 51.600.000 $200,000 ement sur $10,065 600 SROODDO 0 120.000 1600000 160 000 11 2010 holders'uty $10065.600 5800,000 Retained earning Totale Based on this information, determine the balance of Noncurrent Assets 58 560 000 58.760,000 58,600,000 58,720.000