Python acquired 75% of Slithers stock for $316 million in cash on January 2, 2015. The fair value of the noncontrolling interest in Slither was $89 million. Slithers book value at that time was $120 million. The assets and liabilities reported on Slithers balance sheet had balances that approximated fair value at the date of acquisition. However, Slither had previously unreported developed technology (10 year life, straight-line), valued at $40 million.

There has been no impairment loss on the developed technology since acquisition. Goodwill was impaired $6 million in 2015, and a $3 million impairment loss should be recorded for 2016.

It is now December 31, 2016. The trial balances of Python and Slither appear below.

Provide the consolidated financial statements as of December 31, 2016.

(in thousands)	Python Dr (Cr)	Slither Dr (Cr)
Current assets	$ 113,500	$ 35,000
Plant assets, net	1,200,000	500,000
Investment in Slither	323,800
Liabilities	(1,342,950)	(387,000)
Capital stock	(40,000)	(20,000)
Retained earnings, Jan. 1	(215,000)	(110,000)
Accumulated other comprehensive income, Jan. 1	(15,000)	(10,000)
Treasury stock		5,000
Sales revenue	(400,000)	(100,000)
Equity in net income of Slither	(2,100)
Equity in OCI of Slither	(2,250)
Cost of goods sold	250,000	35,000
Amortization and depreciation expense	40,000	15,000
Other operating expenses	95,000	40,000
Other comprehensive income	(5,000)	(3,000)
Total	$ 0	$ 0