On January 1, Year 1, Entity A acquired 60% of Entity B's voting interests for $100,000. The carrying amount of EntityB's assets and abilities on that date equals their fair values. The noncontrolling interest (NCI) is measured at its fair value of $50,000. Entity A and Entity Buse the same accounting principles, and no consolidating adjustments need to be made for intraentity transactions, etc., except as described below. The trial balances on December 31, Year 1. of Entity A and Entity 3 before consolidation are presented below. Entity 3 $ 124,000 36,000 63.000 Entity A $ 69,000 29,000 37,000 24,000 50,000 100,000 (52,000) (62,000) 106,000 Account Cash Trade receivables Inventories Current investments PPE (net) Investment in Entity B Trade payables Liability for employee benefits Noncurrent loans payable Common stock Additional paid-in capital Retained earnings January 1, Year 1 Net sales Cost of sales General and administrative expenses Interest expense Dividend income received from Entity B Income tax expense Dividends declared and paid (29,000) (43,000) (90,000) (33,000) (37,000) (55,000) (150,000) 50,000 8,000 4,000 (40,000) (21,000) (78,000) (120,000) 61,000 14,000 6,000 (24,000) 7,000 6,000 40,000 Additional information: In its separate financial statements, Entity A accounts for its investment in the subsidiary (Entity B) according to the cost model (we call it Initial Value Method ]. Thus, dividends from the subsidiary are recognized as income. During Year 1, Entity B distributed a cash dividend of $40,000 On December 31, Year 1. Entity A sold on credit an inventory item with a cost of $20,000 to Entity B for $28.000 This item is in Entity B's inventory at year end. Note: To simplify the simulation, items of other comprehensive income are not included. Enter the amount of each line item in the year-end consolidated balance sheet in the shaded cells below. Indicate negative numbers by using a leading minus (-) sign. 1. Trade receivables (2 points] 2. Trade payables (1 point] 3. Inventories (4 points) 4. Equity attributable to the parent (10 points) 5. Noncontrolling interest (3 points] 10 apua