On December 31, Year 3, Mueller Corp. acquired 80% of the outstanding shares of Wilson Inc. for a total cost of $271,000. The carrying amount of Wilsons assets, liabilities, and equity was equal to fair value except for the following:

	Carrying Amount			Fair Value
Inventory	$	61,200		$	70,400
Equipment, net		282,000			288,000
Patent					42,400
Long-term debt		192,000			162,400
Common shares		187,000			?
Retained earnings		44,400			?

As at December 31, Year 3, the equipment and patent had an estimated useful life of six and eight years, respectively. The long-term debt is due on January 1, Year 9. There was a goodwill impairment loss of $3,000 in Year 5. There were no other impairment losses.

Mueller uses the cost method to account for its investment in Wilson. The book values of selected accounts for the year ended December 31, Year 7 were as follows:

	Mueller			Wilson
Dividend income	$	13,200
Net income		64,400		$	28,400
Common shares		106,000			187,000
Retained earnings		274,000			134,000

Required: (a) Prepare a schedule of changes to the acquisition differential for the four year period ending December 31, Year 7. (Leave no cells blank - be certain to enter "0" wherever required. Omit $ sign in your response. Negative/Deductible amounts should be indicated by a minus sign.)

	Balance Dec. 1	Changes		Balance Dec. 31
	Year 3	Year 4, 5&6	Year 7	Year 7
Inventory	$	$	$	$
Equipment (6 years)
Patents (8 years)
Long-term debt (5 years)
Goodwill
	$	$	$	$

(b) Calculate consolidated net income attributable to the parent, ending retained earnings and non-controlling interest at December 31, Year 7. (Omit $ sign in your response.)

Consolidated net income attributable to the parent	$
Consolidated retained earnings	$
Non-controlling interest	$