Following are the individual financial statements for Gibson and Davis for the year ending December 31, 2013:

		Gibson			Davis
Sales	$	(798,000	)	$	(418,500	)
Cost of goods sold		303,000			206,000
Operating expenses		273,000			62,500
Dividend income		(18,000	)		0
Net income	$	(240,000	)	$	(150,000	)
Retained earnings, 1/1/13	$	(797,000	)	$	(457,000	)
Net income		(240,000	)		(150,000	)
Dividends paid		60,000			30,000
Retained earnings, 12/31/13	$	(977,000	)	$	(577,000	)
Cash and receivables	$	254,500		$	168,000
Inventory		591,000			272,000
Investment in Davis		586,500			0
Buildings (net)		569,000			605,000
Equipment (net)		486,000			408,000
Total assets	$	2,487,000		$	1,453,000
Liabilities	$	(880,000	)	$	(536,000	)
Common stock		(630,000	)		(340,000	)
Retained earnings, 12/31/13		(977,000	)		(577,000	)
Total liabilities and stockholders equity	$	(2,487,000	)	$	(1,453,000	)

Note: Parentheses indicate a credit balance.

Gibson acquired 60 percent of Davis on April 1, 2013, for $586,500. On that date, equipment owned by Davis (with a five-year remaining life) was overvalued by $69,000. Also on that date, the fair value of the 40 percent noncontrolling interest was $391,000. Davis earned income evenly during the year but paid the entire dividend on November 1, 2013.

A: Prepare a consolidated income statement for the year ending December 31, 2013 (input all as positive)

B:

Determine the consolidated balance for each of the following accounts as of December 31, 2013: (Input all amounts as positive values.)

Goodwill	$
Equipment	$
Common stock	$
Buildings	$
Dividends paid	$