Place Companyr purchased 92% of the common stock of Shaw, Inc. on January 1, 2012, for $399,800. Trial balances at the end of 2012 or the companies were: Cash $79,600 $00,400 Accounts and Notes Receivable 201,200 208,600 Inventory, 1f1 69.600 49.500 Investment In Shaw, Inc. 399,800 0 Plant Assets 301,500 202,500 Dividends Declared 34,500 21,600 Purchases 241,600 151,400 Selling Expenses 28,200 20,300 Other Expenses 15,300 12,800 $1,321,300 $755,100 Accounts and Notes Payable $98,000 $32,200 Other Liabilities 44,600 14,700 Common Stock, $10 par 142,200 100,900 Other Contributed Captital 280,200 149,800 Retained Earnings, 13'1 224,400 122,400 Sales 556,528 229,600 Dividend Income 19,822 0 $1,371,300 $255,100