Posada Company acquired 7,000 of the 10,000 outstanding shares of Sabathia Company on January 1, 2011, for $850,000. The subsidiary's total fair value was assessed at $1,200,000 although its book value on that date was $1,130,000. The $70,000 fair value in excess of Sabathia's book value was assigned to a patent with a 10-year remaining life. On January 1, 2013, Posada reported $1,085,000 equity method balance in the investment in Sabathia Company account. On October 1, 2013, Posada sells 1,000 shares of its investment for $200,000. During 2013, Sabathia reported net income of $120,000 and pad dividends of $40,000. These amounts are assumed to have occurred evenly throughout the year.

a. What is the balance in investment account as of the October 2013 sale?

b. Calculate the effect (profit or loss) from the sale of the 1,000 shares.

c.) What is the balance in investment account after the sale ?

d.) Calculate the non-controlling interest in Sabathia Co. as of December 31, 2015. Show calculations.