ProForm acquired 80 percent of ClipRite on June 30,2020 , for $1,280,000 in cash. Based on ClipRite's acquisition-date fair value, an unrecorded intangible of $800,000 was recognized and is being amortized at the rate of $14,000 per year. No goodwill was recognized in the acquisition. The noncontrolling interest fair value was assessed at $320,000 at the acquisition date. The 2021 financial statements are as follows: (Note: Parentheses indicate a credit balance.) ClipRite sold Proform inventory costing $87,000 during the last six months of 2020 for $270,000. At year-end, 30 percent remained. ClipRite sold Proform inventory costing $290,000 during 2021 for $430,000. 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 Sales Cost of Goods Sold Operating Expenses Dividend Income Net Income Attributable to Noncontrolling Interest Inventory Noncontrolling Interest in Subsidiary, 12/31/21 Answer is complete but not entirely correct. \begin{tabular}{|l|lr|} \hline & \multicolumn{2}{|c|}{ConsolidatedBalance} \\ \hline Sales & $ & 1,510,000 \\ \hline Cost of goods sold & $ & 644,100 \\ \hline Operating expenses & $ & 484,000 \\ \hline Dividend income & $ & 0 \\ \hline Net income attributable to noncontrolling interest & $ & 53,200 \\ \hline Inventory & $ & 1,336,000 \\ \hline Noncontrolling interest in subsidiary, 12/31/21 & $ & 449,800 \\ \hline \end{tabular}