Point Company acquired 80 percent of the stock of Slash Corp. on January 1, 2020.

The stockholder's equity section at that date is as follows:

Stockholders Equity Section
	Point	Slash
Common Stock	600,000	$200,000
Additional Paid in Capital	1,000,000	400,000
Retained Earnings	800,000	600,000
Accumulated Other comprehensive Income	100,000	50,000
Total Stockholders Equity	$2,500,000	$1,250,000

Point financed the acquisition by using $1,000,000 cash and giving a note payable for $125,000. Book value approximated fair value for all of Slash's assets and liabilities except for:

Buildings which had a fair value of $50,000 more than its book value and a remaining useful life of 10 years.

Land which had a fair value of $40,000 more than its book value.

Merchandise Inventory which had a fair value of 20,000 more than its book value, and was sold during 2020.

Internally created patent with a fair value of 30,000 and a useful life of 5 years.

Any remaining differential was related to goodwill. Goodwill is deemed to be impaired and worth only $12,000.

Slash has accounts payable to Point in the amount of $25,000.

During 2020, Point & Slash had the following:

	Point	Slash
1. Declared cash dividends	$120,000	$ 60,000
2. Earned net income	200,000	100,000
3. Earned other comprehensive income from available-for-sale securities	40,000	20,000

Use this information to calculate the followings:

The amount of total differential is

The balance of Income from Slash account on December 31, 2020 is

The balance of Investment in Slash account on December 31, 2020 is

Consolidated net income on December 31, 2020 is

Consolidated net income attributable to controlling interest on December 31, 2020 is

Consolidated retained earnings on December 31, 2020 is

Consolidated comprehensive income on December 31, 2020 is

Consolidated comprehensive income attributable to controlling interest on December 31, 2020 is