On January 1, 2020, Prestige Corporation acquired 100 percent of the voting stock of Stylene Corporation in exchange for $2,343,000 in cash and securities. On the acquisition date, Stylene had the following balance sheet:

Cash	$	33,000	Accounts payable	$	2,151,000
Accounts receivable		100,000
Inventory		238,000
Equipment (net)		2,420,000	Common stock		800,000
Trademarks		1,018,000	Retained earnings		858,000
Total assets	$	3,809,000	Total liabilities and equity	$	3,809,000

At the acquisition date, the book values of Stylenes assets and liabilities were generally equivalent to their fair values except for the following assets:

Asset	Book Value		Fair Value		Remaining Useful Life
Equipment	$	2,420,000	$	2,619,000	8 years
Customer lists		0		193,000	4 years
Trademarks		1,018,000		1,107,000	indefinite

During the next two years, Stylene has the following income and dividends in its own separately prepared financial reports to its parent.

	Net Income		Dividends
2020	$	273,000	$	25,000
2021		538,000		45,000

Dividends are declared and paid in the same period. The December 31, 2021, separate financial statements for each company follow. Parentheses indicate credit balances.

	Prestige				Stylene
Income Statement
Revenues	$	(5,700,000	)		$	(2,914,000	)
Cost of goods sold		3,050,000				2,060,000
Depreciation expense		580,000				316,000
Amortization expense		161,000				0
Equity earnings in Stylene		(464,875	)			0
Net income	$	(2,373,875	)		$	(538,000	)
Statement of Retained Earnings
Retained earnings 1/1	$	(3,580,000	)		$	(1,106,000	)
Net income (above)		(2,373,875	)			(538,000	)
Dividends declared		150,000				45,000
Retained earnings 12/31	$	(5,803,875	)		$	(1,599,000	)
Balance Sheet
Cash	$	576,000			$	58,500
Accounts receivable		830,000				106,500
Inventory		949,000				574,000
Investment in Stylene		2,937,750				0
Equipment		6,700,000				1,635,000
Customer lists		163,000				0
Trademarks		2,520,000				850,000
Goodwill		227,000				0
Total assets	$	14,902,750			$	3,224,000
Accounts payable	$	(598,875	)		$	(825,000	)
Common stock		(8,500,000	)			(800,000	)
Retained earnings, 12/31		(5,803,875	)			(1,599,000	)
Total liabilities and equity	$	(14,902,750	)		$	(3,224,000	)

Prepare a worksheet to determine the balances for Prestiges December 31, 2021, consolidated financial statements.