PItino acquired $90$ percent of Brey's outstanding shares on January $1,2022,$ In exchange for $$477,000$ in cash. The subsidiary's stockholders' equity accounts totaled $$461,000,$ and the noncontrolling interest had a falr value of $$53,000$ on that day. However, a bullding $($with a ten$-$year remaining life$)$ In Brey's accounting records was undervalued by $$43,000.$ Pitino assigned the rest of the excess falr value over book value to Brey's patented technology $($four$-$year remaining life$).$ Complete this question by entering your answers in the tabs below.

Without preparing a worksheet or consolidation entries, determine the consolidation balances for these two companies.

Note: Input all amounts as positive values.

$\backslash$table$[[,\backslash$table$[[$Consolidated$],[$Balance$]]],[$Sales revenues,$$(1,333,000)],[$Cost of goods sold,$],[$Expenses$,],[$Equity in earnings of Brey,$],[$Consolidated net income,$],[$Noncontrolling interest in consolidated net income,$],[$Consolidated net income to Pitino,$],[$Retained earnings, $1/1/24,],[$Dividends declared,$],[$Retained earnings, $12/31/24,],[$Cash and receivables,$],[$Inventory$,],[$Investment in Brey,$],[$Land$,$ buildings, and equipment $($net$),],[$Patented technology,$],[$Total Assets,$],[$Liabilities$,],[$Noncontrolling interest in Brey, $12/31/24,],[$Common Stock,$],[$Retained earnings, $12/31/24,],[$Total liabilities and equities,$]]$ What amounts make up the $$604,440$ Investment in Brey account balance as of December $31,2024?$

$\backslash$table$[[$Investment in Brey $($consideration transferred$),,,],[$Net income of Brey$],[,,,],[?],[,,,],[,,,],[,0,,],[$P$],[\backslash$table$[[\backslash$table$[[,0]]]]],[$r$],[$Y$,,,],[$Dividends declared by Brey$],[,,,],[,,,],[,,,],[,,,],[,0,,],[$E$,,\%,],[,,,$$$]]$ What amounts make up the $$106,380$ Equity in Earnings of Brey account balance for $2024?$

$\backslash$table$[[,,],[,,],[,,],[,,\%],[,,]]$

Brey reported net Income from Its own operations of $$79,000$ in $2022$ and $$95,000$ in $2023.$ Brey declared dividends of $$26,500$ in $2022$ and $$30,500$ in $2023.$

Brey sells inventory to Pitino as follows:

$\backslash$table$[[$Year$,$cost to Brey,Transfer Price to$,\backslash$table$[[$Inventory Remaining$],[$at Year$-$End $($at$]]],[2022,$$$84,000,$Pitino,transfer price$)],[2023,126,000,$$$190,000,$$$40,000],[2024,164,500,210,000,52,500],[,,235,000,70,000]]$

At December $31,2024,$ Pitino owes Brey $$31,000$ for Inventory acquired during the perlod.

The separate account balances for the two companles at December $31,2024,$ and the year then ended follow.

Note: Parentheses Indicate a credit balance.

$\backslash$table$[[$Items$,$Pitino,Brey$],[$Sales revenues,$$(892,000),$$$(441,000)],[$cost of goods sold,$530,000,224,000],[$Expenses$,186,900,88,000],[$Equity in earnings of Brey,$(106,380),0],[$Net income,$$(281,480),$$$(129,000)],[\backslash$table$[[$Retained earnings, $1/1/24],[$Net income $($above$)]],\backslash$table$[[\backslash$table$[[$$$(518,000)],[(281,480)]]]],\backslash$table$[[\backslash$table$[[$$$(308,000)],[(129,000)]]]]],[$Dividends declared,$144,000,51,000],[$Retained earnings, $12/31/24,$$$(655,480),$$$(386,000)],[$Cash and receivables,$$161,000,$$$113,000],[$Inventory$,330,000,211,000],[$Investment in Brey,$684,440,0],[$Land$,$ buildings, and equipment $($net$),979,000,343,000],[$Total assets,$$2,074,440,$$$667,000],[\backslash$table$[[$Liabilities$],[$common stock$]],\backslash$table$[[\backslash$table$[[$$$(828,960)],[(590,000)]]]],\backslash$table$[[\backslash$table$[[$$$(11,000)],[(270,080)]]]]],[$Retained earnings, $12/31/24,(655,480),(386,000)],[$Total liabilities and equities,$$(2,074,440),$$$(667,000)]]$

Please complete the attached parts. Thank you!