Question 1 (5 Marks) Lara international company purchased 80% of Tara Company, outstanding common stock for S200,000 on equal to the book values. The balance sheets of Lara and Tara at January 1, 2018 are summarized as follows: January 1, 2018. At that time, the fair value of Tara Company's net assets were Tara $470,000 $230,000 $ 50,000 $ 190,000 Lara $1,600,000 S 840,000 S 360,000 s 400,000 Assets Liabilities Capital stock Retained earnings Required Determine the consolidated balances as of January 1,2018 for the following five balance sheet line items: A- Good will B- Liabilities C- Capital stock D- Retained earnings E- Non-controlling interest