ProForm acquired 70 percent of CipRite on June 30, 2020, for $1.400,000 in cash. Based on ClipRite's acquisition-date fair value, an unrecorded intangible of $450,000 was recognized and is being amortized at the rate of $10,000 per year. No goodwill was recognized in the acquisition. The noncontrolling interest fair value was assessed at $000,000 at the acquisition date. The 2021 financial statements are as follows: Sales cost of goods sold Operating expenses Dividend income Net Income Retained earnings, 1/1/21 Net income Dividends declared Retained earnings, 12/31/21 Cash and receivables Inventory Investment in clipRite Fixed assets Accumulated depreciation Totals Liabilities Common stock Retained earnings, 12/31/21 Totals Profor Clipite 3 (910,000) S (820,600) 500,000 455,000 218,220 155,699 (63,690) $ (173,000) 3 (210,000) 312,999,9993 (960, BROT (173,000 (210,000 210, 620 90,000 $(1,963, 000) 8(1,680,000) 510, 410,000 400,000 810, 620 1,400,000 1,680,000 1,150,000 (200,000) (388,888) $ 3, 110,000 $ 2,878,630 3 7,600 3 (EUR) (580, 0001 500,000) (1,063, 009 (1,680,000) $(3, 110,890) 8(2,070, 000) (Note: Parentheses Indicate a credit balance.) ClipRite sold ProForm Inventory costing $80,000 during the last six months of 2020 for $200,000. At year-end, 30 percent remained. ClipRite sold ProForm Inventory costing $255,000 during 2021 for $300,000. 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, 12/3121 Answer is complete but not entirely correct. Sales Cost of goods sold Operating expenses Dividend income Not Income attributable to noncontrolling interest Inventory Noncontrolling interest in subsidiarv. 12/31/21 Consolidated Balance S 1.370.000 s 659.500 $ 381.000 $ 0 $ 27.000 s 1.199,500 Is 270.600