Johannes Inc. acquired 80 percent of Corner Brook Ltd. common shares on January 1, Year 4, for $728,000. At that date, the fair value of the non-controlling interest was $182,000. Corner Brook's balance sheet contained the following amounts at the time of the combination: Cash Accounts Receivable Inventory Other Assets (net) $ 62,000 136,000 36,000 Accounts Payable $ 102,000 Bonds Payable 614,000 Construction Work in Progress 946,000 Common Shares ($10 par value) Retained Earnings 400,000 510,000 446,000 Total Assets $ 1,626,000 Total Liabilities & Equities $ 1,626,000 During each of the next three years, Corner Brook reported net income of $112,000 and paid dividends of $52,000. On January 1, Year 6, Johannes sold 9,000 of the Corner Brook shares for $252,000 in cash. Johannes used the equity method in accounting for its ownership of Corner Brook. Required: (a) Compute the balance in the investment account reported by Johannes on January 1, Year 6, before its sale of shares. (Omit $ sign in your response.) Balance prior to sale of shares $ (b) Prepare the entry recorded by Johannes when it sold the Corner Brook shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet General Journal No Transaction A 1 Cash Investment in Corner Brook Contributed surplus Debit Credit (c) Calculate consolidated net income attributable to the noncontrolling interest for Year 6 and noncontrolling interest at the end of Year 6. (Omit $ sign in your response.) Consolidated net income attributable to NCI Non-controlling interest A A