Parent Company acquired 90% of voting stock of Sub. Corporation on January 1, 2014 for $90,000 when Sub had Capital Stock of $50,000 and Retained Earnings of $10,000. The excess of fair value over book value was allocated as follows:

(1) $5,000 to inventories (sold in 2014),

(2) $16,000 to equipment with a 4-year remaining useful life (straight-line method of depreciation),

(3) unrecorded patent with a 4-year remaining useful life (straight-line method of depreciation)

(4) the remainder to goodwill.

Financial statements for Parent and Sub at the end of the fiscal year ended December 31, 2015 (two years after acquisition), appear in the first two columns of the partially completed consolidation working papers. Parent has accounted for its investment in Sub using the equity method of accounting and Parents investment in Sub was $78,900 at January 1, 2015. Complete the consolidation working papers for Parent Company and Sub for the year ending December 31, 2015 and answer the following questions:

			Elimination
	Parent	Sub	Dr.	Cr.	Consolidated
Income Statement
Sales	$206,000	$66,000
Income from Sub.	11,700
Cost of Sales	(150,000)	(30,000)
other expenses	(38,000)	(18,000)
net income	29,700	18,000
Retained Earnings	24,000	10,000
net income	29,700	18,000
Dividends	(20,000)	(4,000)
Retained Earnings	33,700	24,000
Balance Sheet
Assets	13,700	13,000
inventories	21,000	15,000
land	11,000	6,000
PPE	64,000	55,000
Investment in S.	87,000
Total Assets	196,700	89,000
Liabilities	63,000	15,000
Capital Stock	100,000	50,000
Retained Earnings	33,700	24,000
Total Liab. & Equity	196,700	89,000

In the consolidated income statement 2015, the consolidated cost of sales is

In the consolidated income statement 2015, the consolidated other expenses is

The non-controlling interest to be reported in the consolidated income statement 2015 is

the Patent reported in the consolidated balance sheet at December 31, 2015 is

the value of consolidated land at December 31, 2015 is

In the consolidated balance sheet 2015, the value of investment in Sub is

the value of goodwill reported in the consolidated balance sheet at December 31, 2015 is

the capital stock reported in the consolidated balance sheet at December 31, 2015 is

In the equity section of the consolidated balance sheet on December 31, 2015, the non-controlling interest is

In the consolidated balance sheet for 2015, the total liabilities and equity is