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ProForm acquired 60 percent of ClipRite on June 30, 2020, for $1,200,000 in cash. Based on ClipRite's acquisition-date fair value, an unrecorded intangible of $550,000

ProForm acquired 60 percent of ClipRite on June 30, 2020, 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 2021 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, 1/1/21 $ (3,600,000 ) $ (1,070,000 )
Net income (97,000 ) (320,000 )
Dividends declared 320,000 70,000
Retained earnings, 12/31/21 $ (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, 12/31/21 (3,377,000 ) (1,320,000 )
Totals $ (4,130,000 ) $ (2,490,000 )

(Note: Parentheses indicate a credit balance.)

ClipRite sold ProForm inventory costing $91,000 during the last six months of 2020 for $310,000. At year-end, 30 percent remained. ClipRite sold ProForm inventory costing $310,000 during 2021 for $470,000. At year-end, 10 percent is left.

Determine the consolidated balances for the following: (Input all amounts as positive values.)

Sales Cost of Goods Sold Operating Expenses Dividend Income Net Income Attributable to Noncontrolling Interest Inventory Noncontrolling Interest in Subsidiary, 12/31/21

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