ProForm acquired 70 percent of ClipRite on June 30, 2017, for $910,000 in cash. Based on ClipRite's acquisition-date fair value, an unrecorded intangible of $400,000 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 $390,000 at the acquisition date. The 2018 financial statements are as follows:

ProForm ClipRite

Sales (800,000) (600,000)

Cost of goods sold 535,000 400,000

Operating expenses 100,000 100,000

Dividend income (35,000) 0

Net income (200,000) (100,000)

Retained earnings, 1/1/18 (1,300,000) (850,000)

Net income (200,000) (100,000)

Dividends declared 100,000 50,000

Retained earnings, 12/31/18 (1,400,000) (900,000)

Cash and receivables 400,000 300,000

Inventory 290,000 700,000

Investment in ClipRite 910,000 0

Fixed assets 1,000,000 600,000

Accumulated depreciation (300,000) (200,000)

Totals $2,300,000 $1,400,000

Liabilities (600,000) (400,000)

Common stock (300,000) (100,000)

Retained earnings, 12/31/18 (1,400,000) (900,000)

Totals $(2,300,000) $(1,400,000)

ClipRite sold ProForm inventory costing $72,000 during the last six months of 2017 for $120,000. At year-end, 30 percent remained. ClipRite sells ProForminventory costing $200,000 during 2018 for $250,000. At year-end, 10 percent is left. Determine the consolidated balances for the following:

Sales

COGS

Operating expenses

Dividend Income

Net income attributable to noncontrolling interest

Inventory

Noncontrolling interest in subsidiary, 12/31/18