ProForm acquired 60 percent of ClipRite on June 30, 2017, for $1,200,000 in cash. Based on ClipRite's acquisition-date fair value, an unrecorded intangible of $550,000 was recognized and is being amortized at the rate of $18,000 per year. No goodwill was recognized in the acquisition. The noncontrolling interest fair value was assessed at $800,000 at the acquisition date. The 2018 financial statements are as follows:

		ProForm				ClipRite
Sales	$	(1,020,000	)		$	(1,040,000	)
Cost of goods sold		645,000				510,000
Operating expenses		320,000				210,000
Dividend income		(42,000	)			0
Net income	$	(97,000	)		$	(320,000	)
Retained earnings, 1/1/18	$	(3,600,000	)		$	(1,070,000	)
Net income		(97,000	)			(320,000	)
Dividends declared		320,000				70,000
Retained earnings, 12/31/18	$	(3,377,000	)		$	(1,320,000	)
Cash and receivables	$	620,000			$	520,000
Inventory		510,000				920,000
Investment in ClipRite		1,200,000				0
Fixed assets		2,100,000				1,700,000
Accumulated depreciation		(300,000	)			(650,000	)
Totals	$	4,130,000			$	2,490,000
Liabilities	$	(553,000	)		$	(970,000	)
Common stock		(200,000	)			(200,000	)
Retained earnings, 12/31/18		(3,377,000	)			(1,320,000	)
Totals	$	(4,130,000	)		$	(2,490,000	)

ClipRite sold ProForm inventory costing $91,000 during the last six months of 2017 for $310,000. At year- end, 30 percent remained. ClipRite sells ProForm inventory costing $310,000 during 2018 for $470,000. At year-end, 10 percent is left. With these facts, determine the consolidated balances for the following: Consolidated Balance Sales Cost of goods sold Operating expenses Dividend income Net income attributable to noncontrolling interest Inventory Noncontrolling interest in subsidiary, 12/31/18