Enter the amount of each line Item in the year-end consolidated balance sheet in the shaded cells below. Indicate On January 1, Year 1, Entity A acquired 60% of Entity B's voting interests for $100,000. The carrying amount of Entity B's assets and liabilities on that date equals 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 8 $ 124,000 Entity A $ 69,000 Cash Trade receivables 36,000 29,000 Inventories 63,000 37,000 Current investments PPE (net) 24,000 106,000 50,000 Investment in Entity B Trade payables Liability for employee benefits Noncurrent loans payable 100,000 (52,000) (62,000) (29,000) (43,000) (90,000) (33,000) (37,000) (55,000) (150,000) Common stock (40,000) (21,000) (78,000) (120,000) Additional paid-in capital Retained earnings January 1, Year 1 Net sales Cost of sales 50,000 61,000 General and administrative expenses 8,000 14,000 Interest expense 4,000 6,000 (24,000) 7,000 Dividend income received from Entity B Income tax expense 6,000 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 (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. negative numbers by using a leading minus (-) sign. 1. Trade receivables (2 points) 2 Trade payables (1 point) 3. inventories (4 polnts) A. Equity attributable to the parent [10 points) 5. Noncontroling interest [3 points)