Powell Corporation acquired 90% of the voting stock of Santer Corporation on January 1, 2014 for $11,700 when Santer had Capital Stock of $5,000 and Retained Earnings of $4,000. The amounts reported on the financial statements approximated fair value, with the exception of inventories, which were understated on the books by $500 and were sold in 2014, land which was undervalued by $1,000, and equipment with a remaining useful life of 5 years under the straight-line method which was undervalued by $1,500. Any remainder was assigned to goodwill. Financial statements for Powell and Santer Corporations at the end of the fiscal year ended December 31, 2015 appear in the first two columns of the partially completed consolidation working papers. Powell has accounted for its investment in Santer using the equity method of accounting. Powell Corporation owed Santer Corporation $100 on open account at the end of the year. Dividends receivable in the amount of $450 payable from Santer to Powell is included in Powell's net receivables. Required: Complete the consolidation working papers for Powell Corporation and Subsidiary for the year ended December 31, 2015 by including the elimination amounts and write down the following accounts' balances AFTER consolidation. NOTE: Round your answer to the nearest dollar and do NOT include any punctuation. If the amount is negative, add minus (-) before the number. If the amount is zero, put 0.

Sales..................................................

Income of Santer...............................

Cost of Sales.....................................

Depreciation Expense.......................

Other Expenses................................

Correct Non-controlling Interest Share..........

Net Income.......................................

Retained Earnings 1/1.......................

Net Income.......................................

Dividends...........................................

Retained Earnings 12/31...................

Cash...................................................

Receivables - net...............................

Inventories......................................

Land.................................................

Equipment & Buildings - net.............

Investment in Santer Co..................

Goodwill.........................................

Total Assets..................................

Accounts Payable............................

Dividends Payable..........................

Capital Stock.....................................

Retained Earnings............................

Non-controlling Interest 12/31..........

Total Liab. and Equity......................

Powel1 Santer INCOME STATEMENT Sales Income from Santer Cost of Sales Depreciation Expense ther expenses1,800) 700) Noncontrolling $10, 000 $ 6, 500 1,080 4, 000) 3, 300) 1,000) 1,000) let income Retained Earnings 1/1 Add: $4,280 $ 1,500 92,510s5,000 et income 4, 280 1, 500 Less: Dividends Retained 2,000) 1,000) arnings 12/31 4,790 5, 500 BALANCE SHEET Cash Receivables-net $1. 4401.900 1,100 1, 500 1,000 1,200 1, 600 Inventories Land Equipment and Buildings-net Investment in Santer Corp Goodwill TOTAL ASSETS 24, 600 $12,000 LIAB &EQUITY Accounts pavable $3,810 $ 1,000 Dividends Payable 7,500 6,700 12,060 apital Stock Ret. Earnings 2,000 14,000 4, 790 500 5,000 5,500 onctl. Interest Nonctl. Interest 12/31 LIAB. & EQUITY | | 24 24,600 $12,000