Problem 6-47 (LO 6-5) 25 Bolero Company holds 90 percent of the common stock of Rivera, Inc., and 30 percent of this subsidiary's convertible bonds. The following consolidated financial statements are for 2017 and 2018 10 points 2017 2018 s (985,000) (855,000) 601,000 91,000 Revenues Cost of goods sold Depreciation and amortization Gain on Interest expense Consolidated net income to noncontrolling interest to parent company Retained earnings, 1/1 Net income Dividends declared 641,000 102,000 (21,000) 31,000 (232,000) 12,000 sale of building Print 31,000 (132,000) 10,000 References (122,000) (301,000) (122,000) 51,000 $ (220,000) $ (372,000) (220,000) 101,000 $(372,000) $ (491,000) $ 152,000 Retained earnings, 12/31 Cash Accounts receivable Inventory Buildings and equipment (net) Databases Total assets 81,000 152,000 201,000 641,000 152,000 141,000 342,000 693,000 146,000 $1,227,000 $ (141,000) 1,474,000 (102,000) (502,000) Accounts payable Bonds payable Noncontrolling interest in Rivera Common stock Additional paid-in capital Retained earnings Total liabilities and equities (401,000) (33,000) (102,000) (178,000) (42,000 (131,000) (206,000) (372,000)(491,000) $ (1,474,000) $ (1,227,000)