For noncontrolling interest in subsidiary calculation, where do you get 950,000 from?

ProForm acquired 70 percent of ClipRite on June 30, 2017, for $910,000 in cash. Based on Clip- Rite's acquisition-date fair value, an unrecorded intangible of $400,000 was recognized and is being amortized at the rate of $10,000 per year. No goodwill was recognized in the acquisition. The noncontrolling interest fair value was assessed at $390,000 at the acquisition date. The 2018 financial statements are as follows: Sales Cost of goods sold Operating expenses Dividend income Net income Retained earnings, 1/1/18 Net income Dividends declared Retained earnings, 12/31/18 ProForm ClipRite $ (800,000) $ (600,000) 535,000 400,000 100,000 100,000 (35,000 -0- $ (200,000 $ (100,000) $ (1,300,000) $ (850,000) (200,000) (100,000) 100,000 50.000 $ (1,400,000 $ (900,000) $ 400,000 $ 300,000 290,000 700,000 910,000 -0- 1,000,000 600.000 (300,000 (200,000) $ 2,300,000 $ 1,400,000 $ (600,000) $ (400,000) (300,000) (100,000) (1,400,000) (900,000) $ (2,300,000 $(1,400,000 Cash and receivables Inventory Investment in ClipRite. Fixed assets Accumulated depreciation Totals Liabilities Common stock Retained earnings, 12/31/18 Totals ProForm sold ClipRite inventory costing $72,000 during the last six months of 2017 for $120,000. At year-end, 30 percent remained. ProForm sells ClipRite inventory costing $200,000 during 2018 for $250,000. At year-end, 10 percent is left. With these facts, determine the consolidated balances for the following: IIIIIIIIII IIIIIIIIIIII Noncontrolling interest in subsidiary 30% beginning $950,000 book value Excess January 1 intangible allocation (30% * $395,000).... Net income attributable to noncontrolling interest............... Dividends (30% * $50,000) .... ...... Total noncontrolling interest at 12/31/18. $285,000 118,500 27,000 (15,000) $415,500 IIIIIIIIIII IIIII. IIIIIIIIIII IIIIIIIIII ProForm acquired 70 percent of ClipRite on June 30, 2017, for $910,000 in cash. Based on Clip- Rite's acquisition-date fair value, an unrecorded intangible of $400,000 was recognized and is being amortized at the rate of $10,000 per year. No goodwill was recognized in the acquisition. The noncontrolling interest fair value was assessed at $390,000 at the acquisition date. The 2018 financial statements are as follows: Sales Cost of goods sold Operating expenses Dividend income Net income Retained earnings, 1/1/18 Net income Dividends declared Retained earnings, 12/31/18 ProForm ClipRite $ (800,000) $ (600,000) 535,000 400,000 100,000 100,000 (35,000 -0- $ (200,000 $ (100,000) $ (1,300,000) $ (850,000) (200,000) (100,000) 100,000 50.000 $ (1,400,000 $ (900,000) $ 400,000 $ 300,000 290,000 700,000 910,000 -0- 1,000,000 600.000 (300,000 (200,000) $ 2,300,000 $ 1,400,000 $ (600,000) $ (400,000) (300,000) (100,000) (1,400,000) (900,000) $ (2,300,000 $(1,400,000 Cash and receivables Inventory Investment in ClipRite. Fixed assets Accumulated depreciation Totals Liabilities Common stock Retained earnings, 12/31/18 Totals ProForm sold ClipRite inventory costing $72,000 during the last six months of 2017 for $120,000. At year-end, 30 percent remained. ProForm sells ClipRite inventory costing $200,000 during 2018 for $250,000. At year-end, 10 percent is left. With these facts, determine the consolidated balances for the following: IIIIIIIIII IIIIIIIIIIII Noncontrolling interest in subsidiary 30% beginning $950,000 book value Excess January 1 intangible allocation (30% * $395,000).... Net income attributable to noncontrolling interest............... Dividends (30% * $50,000) .... ...... Total noncontrolling interest at 12/31/18. $285,000 118,500 27,000 (15,000) $415,500