Statue Corporations balance sheet at January 1, 20X7, reflected the following balances:

Assets				Liabilities & Stockholders Equity
Cash & Receivables	$	80,000		Accounts Payable	$	40,000
Inventory		120,000		Income Taxes Payable		60,000
Land		70,000		Bonds Payable		200,000
Buildings & Equipment (net)		480,000		Common Stock		250,000
				Retained Earnings		200,000
Total Assets	$	750,000		Total Liabilities & Stockholders Equity	$	750,000

Prize Corporation entered into an active acquisition program and acquired 80 percent of Statue's common stock on January 2, 20X7, for $470,000. The fair value of the noncontrolling interest at that date was determined to be $117,500. A careful review of the fair value of Statue's assets and liabilities indicated the following:

	Book Value				Fair Value
Inventory		$	120,000			$	140,000
Land			70,000				60,000
Buildings & Equipment (net)			480,000				550,000

Goodwill is assigned proportionately to Prize and the noncontrolling shareholders. Required: Compute the appropriate amount related to Statue to be included in the consolidated balance sheet immediately following the acquisition for each of the following items:

Items	Amounts
Inventory	140,000
Land	60,000
Building and Equipment	550,000
Goodwill
Investment in Statue	0
No controlling Interest