ProForm acquired 80 percent of ClipRite on June 30, 2020, for $1,440,000 in cash. Based on ClipRite's acquisition-date fair value, an unrecorded intangible of $760,000 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 $360,000 at the acquisition date. The 2021 financial statements are as follows:

		ProForm				ClipRite
Sales	$	(890,000	)		$	(780,000	)
Cost of goods sold		580,000				445,000
Operating expenses		190,000				145,000
Dividend income		(56,000	)			0
Net income	$	(176,000	)		$	(190,000	)
Retained earnings, 1/1/21	$	(2,200,000	)		$	(940,000	)
Net income		(176,000	)			(190,000	)
Dividends declared		190,000				70,000
Retained earnings, 12/31/21	$	(2,186,000	)		$	(1,060,000	)
Cash and receivables	$	490,000			$	390,000
Inventory		380,000				790,000
Investment in ClipRite		1,440,000				0
Fixed assets		1,900,000				1,050,000
Accumulated depreciation		(900,000	)			(200,000	)
Totals	$	3,310,000			$	2,030,000
Liabilities	$	(824,000	)		$	(670,000	)
Common stock		(300,000	)			(300,000	)
Retained earnings, 12/31/21		(2,186,000	)			(1,060,000	)
Totals	$	(3,310,000	)		$	(2,030,000	)

(Note: Parentheses indicate a credit balance.)

ProForm sold ClipRite inventory costing $78,000 during the last six months of 2020 for $180,000. At year-end, 30 percent remained. ProForm sold ClipRite inventory costing $245,000 during 2021 for $340,000. At year-end, 10 percent is left.

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

	Consolidated Balance
Sales	$1,330,000 selected answer correct
Cost of goods sold	$663,900 selected answer correct
Operating expenses	$354,000 selected answer correct
Dividend income	$0 selected answer correct
Net income attributable to noncontrolling interest	$51,30 0selected answer incorrect
Inventory	$1,160,500 selected answer correct
Noncontrolling interest in subsidiary, 12/31/21	$809,780 selected answer incorrect