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Bolero Company holds 80 percent of the common stock of Rivera, Inc., and 40 percent of this subsidiary's convertible bonds. The following consolidated financial statements

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Bolero Company holds 80 percent of the common stock of Rivera, Inc., and 40 percent of this subsidiary's convertible bonds. The following consolidated financial statements are for 2017 and 2018 2017 $(925,000) 2018 1,055,000) Cost of goods sold Depreciation and amortization Gain on sale of building Interest expense Consolidated net incone to noncontrolling interest to parent company Retained earnings, 1/1 Net income Dividends declared 615,000 655, 000 130,000 (35,000) 105,000 45,000 (160,000) (136,000) (136,000) (260,000) 26-000 (234,000) (315,000 $ (386,000 (234,000) 65,000115,000 $ (386,000) $95,000 Retained earnings, 12/31 $ (505,000) Accounts receivable InventOry Buildings and equipment (net) 180,000 215, 000 655,000 190,000 155,000 370,000 725,000 1,325,000 1,600,000 Total assets Accounts payable Bonds payable Noncontrolling interest in Rivera Comnon stock Additional paid-in capital $ 157,000) (415, 000) (47,000 (128,000) 192,000) $ (120,000) (530,000) (66,000) (145, 000) (234,000) (386,0001505 000) Total liabilities and equities 1,325,000 (1,600,000

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