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ProForm acquired 70 percent of ClipRite on June 30, 2017, for $1,470,000 in cash. Based on ClipRite's acquisition-date fair value, an unrecorded intangible of $600,000

ProForm acquired 70 percent of ClipRite on June 30, 2017, for $1,470,000 in cash. Based on ClipRite's acquisition-date fair value, an unrecorded intangible of $600,000 was recognized and is being amortized at the rate of $19,000 per year. No goodwill was recognized in the acquisition. The noncontrolling interest fair value was assessed at $630,000 at the acquisition date. The 2018 financial statements are as follows:

ProForm ClipRite
Sales $ (1,030,000 ) $ (1,060,000 )
Cost of goods sold 650,000 515,000
Operating expenses 330,000 215,000
Dividend income (56,000 ) 0
Net income $ (106,000 ) $ (330,000 )
Retained earnings, 1/1/18 $ (3,800,000 ) $ (1,080,000 )
Net income (106,000 ) (330,000 )
Dividends declared 330,000 80,000
Retained earnings, 12/31/18 $ (3,576,000 ) $ (1,330,000 )
Cash and receivables $ 630,000 $ 530,000
Inventory 520,000 930,000
Investment in ClipRite 1,470,000 0
Fixed assets 2,200,000 1,750,000
Accumulated depreciation (400,000 ) (700,000 )
Totals $ 4,420,000 $ 2,510,000
Liabilities $ (544,000 ) $ (880,000 )
Common stock (300,000 ) (300,000 )
Retained earnings, 12/31/18 (3,576,000 ) (1,330,000 )
Totals $ (4,420,000 ) $ (2,510,000 )

ClipRite sold ProForm inventory costing $92,000 during the last six months of 2017 for $320,000. At year-end, 30 percent remained. ClipRite sells ProForm inventory costing $315,000 during 2018 for $480,000. 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

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