Determine balances for the following items that would appear on Allisters consolidated financial statements for 2021

N The following are several figures reported for Allister and Barone as of December 31, 2021: Allister Barone Inventory $ 410, 000 $ 210, 000 Sales 820 , 000 620, 000 Investment income not given 8 Cost of goods sold 410 , 000 310 , 000 answers / miller 02:39:06 Operating expenses 185 , 000 255 , 000 ed an 80 Allister acquired 80 percent of Barone in January 2020. In allocating the newly acquired subsidiary's fair value at the acquisition date, Allister noted that Barone had developed a customer list worth $60,000 that was unrecorded on its accounting records and had a four-year remaining life. Any remaining excess fair value over Barone's book value was attributed to goodwill. During 2021, Barone sells inventory costing $121,000 to Allister for $162,000. Of this amount, 10 percent remains unsold in Allister's warehouse at year-end. Determine balances for the following items that would appear on Allister's consolidated financial statements 1, 2016. Miller paid $720 for 2021: hares continued to trade $387,000; Additional Pai g life of 20 years were un Amounts Inventory llows: Sales Cost of goods sold Operating expenses Net income attributable to noncontrolling interest onsolidated financial statemen nt of goodwill should be recog ind Entry A should be included estment income would be repo Mc Graw Prev 4