P 6-9 Analyze provided separate company and consolidated statements Separate company and consolidated financial statements for Pop Corporation and Sal Corporation, for 2012 are summarized here. Pop acquired its interest in Sal on Jan price in excess of book value, which was due to an unrecorded patent. its only subsidiary CONSOLIDATED FINANCIAL STATEMENTS AT AND FOR THE YEAR ENDED DECEMBER 31, 2012 (IN THOUSANDs) POP CORPORATION AND SUBSIDIARY SEPARATE COMPANY AND Sal Consolidated Pop Income Statement S 500 $300 $ 716 Sales Income from Sal Gain on equipment Cost of sales Depreciation expense 17.4 20 (200) (60) (77) (150) (40) (60) (275) (95) (141) Other expenses Noncontrolling interest share Controlling share of net income 4.6 S 200.4 S 50 S 200.4 P 6-9 Analyze provided separate company and consolidated statements Separate company and consolidated financial statements for Pop Corporation and Sal Corporation, for 2012 are summarized here. Pop acquired its interest in Sal on Jan price in excess of book value, which was due to an unrecorded patent. its only subsidiary CONSOLIDATED FINANCIAL STATEMENTS AT AND FOR THE YEAR ENDED DECEMBER 31, 2012 (IN THOUSANDs) POP CORPORATION AND SUBSIDIARY SEPARATE COMPANY AND Sal Consolidated Pop Income Statement S 500 $300 $ 716 Sales Income from Sal Gain on equipment Cost of sales Depreciation expense 17.4 20 (200) (60) (77) (150) (40) (60) (275) (95) (141) Other expenses Noncontrolling interest share Controlling share of net income 4.6 S 200.4 S 50 S 200.4