\begin{tabular}{|c|c|c|c|c|c|} \hline ivet niculite & 10,400 & yo,uuv & yo,uw & & is,400 \\ \hline Less: Dividends declared & (80,000) & (25,000) & & 25,000 & (80,000) \\ \hline Ending Balance & $479,400 & $188,000 & $213.000 & \$ 25,000 & 479,400 \\ \hline \multicolumn{6}{|l|}{ Balance Sheet } \\ \hline \multicolumn{6}{|l|}{ Assets } \\ \hline Cash & $191,000 & \$ 46,000 & & & 237,000 \\ \hline Accounts receivable & 140,0000 & 60.000 & & & 200,000 \\ \hline Inventory & 190,0000 & 120,0000 & & & 310,000 \\ \hline Investment in Scissor Co. & 350,4000 & & & 350,400 & 0 \\ \hline Land & 250,000 & 125,000 & & & 375,000 \\ \hline Buildings and equipment & 875,000 & 250,000 & & 36,000 & 1.089,000 \\ \hline Less: Accumulated depreciation & (565.000)0 & (36,000) & 36,000 & & (565,000) \\ \hline Total Assets & $1,431,400 & \$ 565,000 & $36,000 & \$ 386,400 & s 1,646,000 \\ \hline \multicolumn{6}{|l|}{ Liabilities \& Stockholders' Equity } \\ \hline Accounts payable & $77,000 & s 27,0000 & & & 104,000 \\ \hline Bonds payable & 250.000 & 100,000 & & & 350,000 \\ \hline Common stock & 625,000 & 250,0000 & 250,000 & & 625.000 \\ \hline Retained earnings & 479,400 & 188.000 & 213,000 & 25,000 & 479,400 \\ \hline NCl in NA of Scissor Co. & & & & 87,600 & 87,600 \\ \hline \begin{tabular}{l} Total Liabilities \& Stockholders' \\ Equity \end{tabular} & $,431,400 & \$ 565,000 & $463,000 & s 112,600 & $1,646,000 \\ \hline \end{tabular} Paper Company acquired 80 percent of Scissor Company's outstanding common stock for $296,000 on January 1, 208. when the book value of Scissor's net assets was equal to $370,000. Paper uses the equity method to account for investments. Trial balance data for Paper and Scissor as of December 31, 20X8, are as follow5