Presented below are selected amounts from the separate unconsolidated financial statements of Poe Corp. and its 90%-owned subsidiary, Shaw Co., at December 31, year 2. Additional information follows:

Poe	Shaw
Selected income statement amounts
Sales	$ 710,000	$ 530,000
Cost of goods sold	490,000	370,000
Gain on sale of equipment	--	21,000
Earnings from investment in subsidiary	63,000	--
Interest expense	--	16,000
Depreciation	25,000	20,000
Selected balance sheet amounts
Cash	$ 50,000	$ 15,000
Inventories	229,000	150,000
Equipment	440,000	360,000
Accumulated depreciation	(200,000)	(120,000)
Investment in Shaw	191,000	--
Investment in Shaw bonds	100,000	--
Discount on bonds	(9,000)	--
Bonds payable	--	(200,000)
Common stock	(100,000)	(10,000)
Additional paid-in capital	(250,000)	(40,000)
Retained earnings	(404,000)	(140,000)
Selected statement of retained earnings amounts
Beginning balance, December 31, year 1	$ 272,000	$ 100,000
Net income	212,000	70,000
Dividends paid	80,000	30,000

Additional information

• On January 2, year 2, Poe, Inc. purchased 90% of Shaw Co.'s 100,000 outstanding common stock for cash of $155,000. On that date the fair value of the noncontrolling interest was $1.70 per share. On that date, Shaw's stockholders' equity equaled $150,000 and the fair values of Shaw's identifiable assets and liabilities equaled their carrying amounts. Poe has accounted for the purchase as an acquisition.
• On January 3, year 2, Poe sold equipment with an original cost of $30,000 and a carrying value of $15,000 to Shaw for $36,000. The equipment had a remaining life of three years and was depreciated using the straight-line method by both companies.
• During year 2, Poe sold merchandise to Shaw for $60,000, which included a profit of $20,000. At December 31, year 2, half of this merchandise remained in Shaw's inventory.
• On December 31, year 2, Poe paid $91,000 to purchase 50% of the outstanding bonds issued by Shaw. The bonds mature on December 31, 2015, and were originally issued at par. The bonds pay interest annually on December 31 of each year, and the interest was paid to the prior investor immediately before Poe's purchase of the bonds.
• On September 4, year 2, Shaw paid cash dividends of $30,000.
• On December 31, year 2, Poe recorded its equity in Shaw's earnings.

Calculate the amounts that will appear on Poe's consolidated financial statement on December 31, year 2.