Parker, Inc., acquires 70 percent of Sawyer Company for $420,000. The remaining 30 percent of Sawyer's outstanding shares continue to trade at a collective value of $174,000. On the acquisition date. Sawyer has the following accounts: The buildings have a 10-year remaining life. In addition, Sawyer holds a patent worth $140,000 that has a 5-year remaining life but is not recorded on its financial records. At the end of the year, the two companies report the following balances: Assume that the acquisition took place on January 1. What figures would appear in a consolidated income statement for this year