Azure Enterprises acquired 80 percent of Brown Corporation's voting common stock on January 1, 20X3, for $392,000. At that date, the fair value of the noncontrolling interest of Brown Corporation was $98,000. Immediately after Azure acquired its ownership, Brown purchased 60 percent of Coral Company's stock for $129,000. The fair value of the noncontrolling interest of Coral Company was $86,000 at that date. During 20X3, Azure reported operating income of $250,000 and paid dividends of $95,000. Brown reported operating income of $150,000 and paid dividends of $50,000. Coral reported net income of $80,000 and paid dividends of $15,000 At January 1, 20X3, the stockholders' equity sections of the balance sheets of the companies were as follows Azure Enterprises $210,000 130,000 390,000 $730,000 Brown Corporation Coral Company Common Stock $250,000 60,000 180,000 $490,000 $120,000 60,000 35,000 215,000 Additional Paid-In Capital Retained Earnings Total Stockholders' Equity