ProForm acquired 80 percent or ClipRite on June 30, 2017, for $1,280,000 in cash. Based on ClipRite's acquisition-date fair value, an unrecorded intangible of $800,000 was recognized and lis 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 2018 financial statements are as Tollows: ProForm clipRite Sales (980,000) 625,000 280,000 (960,000) 490,000 190,000 operating expenses Dividend income 80,000 Net income Retained earnings Net income 155,000) (280,000) $(2,500,000) 1,030,000) (280,000) $(2,375,000) 1,210,000) 155,000) 280,000 Dividends declared 100,000 Retained earnings, 12/31/18 Cash and receivables 580,000 480,000 Inventory Investment in ClipRite Fixed assets Accumulated depreciation 470,000 ,280,000 1,500,000 890,000 1,500,000 (400,000) (450,000) $ 3,430,000 2,410,000 Totals Liabilities Common stock Retained earnings 12/31/18 (555,000) (500,000) (700,000) (500,000) (2,375,000) (1,210,000) $3,430,000) (2,410,000) Totals ProForm sold ClipRite inventory costing $87000 during the last six months of 2017 for $270,000. At year-end, 30 percent remained. ProForm sells CipRite inventory costing $290,000 during 2018 for $430,000. At year-end, 10 percent is left. Determine the consolidated balances for the following accounts: Sales Cost of goods sold 0 Dividend income Net income attributable to noncontrolling interest Inven 1.510.000 644,100 484,000 interest in subsidiary, 12/3118