On January 1, 2011, Pride, Inc. acquired 80% of the outstanding voting common stock of Strong Corp. for $364,000. There is no active market for Strong's stock. Of this payment, $28,000 was allocated to equipment (with a five-year life) that had been undervalued on Strong's books by $35,000. Any remaining excess was attributable to goodwill which has not been impaired. As of December 31, 2011, before preparing the consolidated worksheet, the financial statements appeared as follows:

During 2011, Pride bought inventory for $112,000 and sold it to Strong for $140,000. Only half of this purchase had been paid for by Strong by the end of the year. 60% of these goods were still in the company's possession on December 31. What is the consolidated total of non-controlling interest appearing in the balance sheet? answer:100,800

Please show me the detailed step by step work to get to answer. The correct answer is 100,800

Revenues Cost of goods sold Operating expenses Net income Retained earnings. 1/1/11 Net income (above) Dividends paid Retained earnings. 12/31/11 Cash and receivables Inventory Investment in Strong Corp Equipment (net) Total assets Liabilities Common stock Retained earnings. 12/31/11 (above) Total liabilities and stockholders equity