On January 1, Year 1, Entity A acquired 60% of Entity B's voting interests for $100,000. The carrying amounts of Entity B's assets and liabilities on that date are their fair values. The noncontrolling interest (NCI) is measured at its fair value of $50,000. Entity A and Entity B use 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 B before consolidation are presented below.

Account	Entity B	Entity A
Cash	$ 124,000	$ 69,000
Trade receivables	36,000	29,000
Inventories	63,000	34,000
Current investments	--	24,000
PPE (net)	106,000	50,000
Investment in Entity B	--	100,000
Trade payables	(29,000)	(52,000)
Liability for employee benefits	(43,000)	(62,000)
Noncurrent loans payable	(90,000)	--
Common stock	(33,000)	(40,000)
Additional paid-in capital	(37,000)	(21,000)
Retained earnings January 1, Year 1	(55,000)	(78,000)
Net sales	(150,000)	(120,000)
Cost of sales	50,000	61,000
General and administrative expenses	8,000	17,000
Interest expense	4,000	6,000
Dividend income received from Entity B	--	(24,000)
Income tax expense	6,000	7,000
Dividends declared and paid	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. 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 designated cells below. Enter all amounts as positive values.

Item	Amount 1 year after acquisition
1. Trade receivables
2. Trade payables
3. Inventories
4. Equity attributable to the parent
5. Noncontrolling interest