\begin{tabular}{lrr} Items & ProForm & ClipRite \\ Sales & $(830,000) & $(660,000) \\ Cost of goods sold & 550,000 & 415,000 \\ Operating expenses & 130,000 & 115,000 \\ Dividend income & (64,000) & 0 \\ \hline Net income & $(214,000) & $(130,000) \\ Retained earnings, 1/1/24 & $(1,200,000) & $(880,000) \\ Net income & (214,000) & (130,000) \\ Dividends declared & 130,000 & 80,000 \\ \hline Retained earnings, 12/31/24 & $(1,284,000) & $(930,000) \\ Cash and receivables & $430,000 & $330,000 \\ Inventory & 320,000 & 730,000 \\ Investment in ClipRite & 960,000 & 0 \\ Fixed assets & 1,300,000 & 750,000 \\ Accumulated depreciation & (600,000) & (350,000) \\ \hline Totals & $2,410,000 & $1,460,000 \\ \hline Liabilities & $(726,000) & $(130,000) \\ Common stock & (400,000) & (400,000) \\ Retained earnings, 12/31/24 & (1,284,000) & (930,000) \\ \hline Totals & $(2,410,000) & $(1,460,000) \\ \hline \end{tabular} ClipRite sold Proform inventory costing $72,000 during the last six months of 2023 for $120,000.A ClipRite sold Proform inventory costing $215,000 during 2024 for $280,000. At year-end, 10 perce Required: With these facts, determine the consolidated balances for the following: Note: Input all amounts as positive values. Proform acquired 80 percent of ClipRite on June 30,2023 , for $960,000 in cash. Based on ClipRite's acquisition-date fair value, an unrecorded intangible of $500,000 was recognized and is being amortized at the rate of $13,000 per year. No goodwill was recognized in the acquisition. The noncontrolling interest fair value was assessed at $240.000 at the acquisition date. The 2024 financial statements are as follows. Note Parentheses indicate a credit balance ClipRite soid Proform inventory costing $72,000 duting the last, six months of 2023 for $120,000 Al year-end, 30 percent remained ClipRite sold Proform inventory costing $215,000 during 2024 for $280.000. At yeorend, 10 percent is left. Required: With these facts, determine the consolidated balances for the following Note: input all omounts as positive volues