On January 1 , Year 5 , Pic Company acquired 7,500 ordinary shares of Sic Company for $726,000. On January 1 , Year 6 , Pic Company acquired an additional 2,000 ordinary shares of Sic Company for $260,000. On January 1, Year 5 , the shareholders' equity of Sic was as follows: The following are the statements of retained earnings for the two companies for Years 5 and 6 : Additional Information - Pic uses the cost method to account for its investment in Sic. - Any acquisition differential is allocated to customer contracts, which are expected to provide future benefits until December 31 , Year 7. Neither company has any customer contracts recorded on their separate-entity records. - There were no unrealized profits from intercompany transactions since the date of acquisition. Required: (a) Calculate consolidated profit attributable to Pic's shareholders for Year 6. (Omit \$ sign in your response.) Consolidated profit attributable to Pic's shareholders $ (b) Calculate the following account balances for the consolidated statement of financial position at December 31, Year 6: (Omit \$ sign in your response.)