Separate company and consolidated financial statements for Pop Corporation and its only subsidiary, Son Corporation, for 2017 are summarized here. Pop acquired its interest in Son on January 1, 2016, at a price in excess of book value, which was due to an unrecorded patent. POP CORPORATION AND SUBSIDIARY SEPARATE COMPANY AND CONSOLIDATED FINANCIAL STATEMENTS AT AND FOR THE YEAR ENDED DECEMBER 31, 2017 (IN THOUSANDS) Pop Son Consolidated Income Statement Sales Income from Son Gain on equipment Cost of sales Depreciation expense Other expenses Noncontrolling interest share Controlling share of net income $ 500 $300 $ 716 17.4 - 20 (200) (60) (77) (150) (40) (60) (275) (95) (141) (4.6) $ 200.4 $ 200.4 $ 50