Posada Company acquired 7,000 of the 10,000 outstanding shares of Sabathia Company on January 1, 2011, for $840,000. 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 5-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 $191,000. 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 September 30 2013 ?

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

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

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