The consolidated balance sheet of Pasker Corporation and Shishobee Farm, its 80% owned subsidiary, as of December 31, 2014, contains the following accounts and balances: Pasker Corporation and Subsidiary Consolidated Balance Sheet at December 31, 2014 Balances Cash $57,000 Accounts receivable-net 210,000 Inventories 330,000 Other current assets 255,000 Plant assets-net 870,000 Goodwill from consolidation 117,000 $1,839,000 Accounts payable $219,000 Other liabilities 210,000 Capital stock 1,050,000 Retained earnings 240,000 Noncontrolling interest 120,000 $1,839,000 Pasker Corporation acquired its interest in Shishobee Farm on January 1, 2014, when Shishobee Farm had $450,000 of Capital Stock and $210,000 of retained earnings. Shishobee Farm's net assets had fair values equal to their book values when Pasker acquired its interest. No changes have occurred in the amount of outstanding stock since the date of the business combination. Pasker uses the equity method of accounting for its investment. Determine the following amounts: Part 1: The balance of Pasker's Capital Stock and Retained Earnings accounts at December 31, 2014. Part 2: Cost of Pasker's purchase of Shishobee Farm on January 1, 2014.

The consolidated balance sheet of Pasker Corporation and Shishobee Farm, its 80% owned subsidiary, as of December 31, 2014, contains the following accounts and balances: Pasker Corporation and Subsidiary Consolidated Balance Sheet at December 31, 2014 Cash Accounts receivable-net Inventories Other current assets Plant assets-net Goodwill from consolidation Balances $57,000 210,000 330,000 255,000 870,000 117,000 $1,839,000 Accounts payable Other liabilities Capital stock Retained earnings Noncontrolling interest $219,000 210,000 1,050,000 240,000 120,000 $1,839,000 Pasker Corporation acquired its interest in Shishobee Farm on January 1, 2014, when Shishobee Farm had $450,000 of Capital Stock and $210,000 of retained earnings. Shishobee Farm's net assets had fair values equal to their book values when Pasker acquired its interest. No changes have occurred in the amount of outstanding stock since the date of the business combination. Pasker uses the equity method of accounting for its investment. Determine the following amounts: Part 1: The balance of Pasker's Capital Stock and Retained Earnings accounts at December 31, 2014. Part 2: Cost of Pasker's purchase of Shishobee Farm on January 1, 2014