On January 1, 2018, Pride, Inc. acquired 80% of the outstanding voting common stock of Strong Corp. for $364,000. There is no active market for Strongs 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, 2018, before preparing the consolidated worksheet, the financial statements appeared as follows:

During 2018, Pride bought inventory for $112,000 and sold it to Strong for $140,000. Only half of the inventory purchase price had been remitted to Pride by Strong at year-end. As of December 31, 2018, 60% of these goods remained in the company's possession. Show all working for the following questions:

1. What is the total of consolidated revenues?

2. What is the total of consolidated operating expenses?

3. What is the total of consolidated cost of goods sold?

4. What is the consolidated total of noncontrolling interest appearing in the balance sheet?

5. What is the consolidated total for equipment (net) at December 31, 2018?

Pride, In