Bennett acquired 80 percent of Zeigler on June 30, 2014, for $960,000 in cash. Based on Zeiglers acquisition-date fair value, only one 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 2015 financial statements are as follows:

		Bennett			Zeigler
Sales	$	(830,000	)	$	(660,000	)
Cost of goods sold		550,000			415,000
Operating expenses		130,000			115,000
Dividend income		(64,000	)		0
Net income	$	(215,000	)	$	(130,000	)
Retained earnings, 1/1/15	$	(1,200,000	)	$	(880,000	)
Net income		(215,000	)		(130,000	)
Dividends declared		130,000			80,000
Retained earnings, 12/31/15	$	(1,285,000	)	$	(930,000	)
Cash and receivables	$	430,000		$	330,000
Inventory		320,000			730,000
Investment in Zeigler		940,000			0
Fixed assets		1,300,000			750,000
Accumulated depreciation		(600,000	)		(350,000	)
Totals	$	2,390,000		$	1,460,000
Liabilities	$	(705,000	)	$	(130,000	)
Common stock		(400,000	)		(400,000	)
Retained earnings		(1,285,000	)		(930,000	)
Totals	$	(2,390,000	)	$	(1,460,000	)

Bennett sold Zeigler inventory costing $72,000 during the last six months of 2014 for $120,000. At year-end, 30 percent remained. Bennett sells Zeigler inventory costing $215,000 during 2015 for $280,000. At year-end, 20 percent is left.

Determine the consolidated balances for the following accounts:

CONSOLIDATED BALANCE:

SALES $ 1,210,000

COST OF GOODS SOLD ?

OPERATING EXPENSES $ 258,000

DIVIDEND INCOME $0

NONCONTROLLING INTEREST IN CON. INC. $ 23,400

INVENTORY $ 1,037,000

NONCONTROLLING INTEREST IN SUBSID. ?