Premier Company acquired an 80% interest in Muscat Company, a few years ago. The book values of Muscat Company's asset and liability accounts at that time were equal to their fair values. Premier Company's acquisition value corresponded to the underlying book value of Muscat Company so that no allocations or goodwill resulted from the transaction The following selected account balances were from the individual financial records of these two companies as of December 31, 2013: Sales Cost of goods sold Operating expenses Retained earnings, 1/1/2013 Inventory Buildings, net Investment Income Premier Company 896,000 406,000 210,000 1,036,000 484.000 501,000 Not given Muscat Company 504,000 276,000 147,000 252,000 154,000 220,000 Assume that Icecap sold inventory to Polar at a markup equal to 25% of cost. Intra-entity transfers were $70,000 in 2012 and $112,000 in 2013. Of this inventory, $29,000 of the 2012 transfers were retained and then sold by Polar in 2013, whereas $49,000 of the 2013 transfers were held until 2014 Required For the consolidated financial statements for 2013, determine the balances that would appear for the following accounts: (1) Cost of Goods Sold, (2) Inventory, and (3) Non-controlling Interest in Subsidiary's Net Income