The following balance sheets have been prepared on December 31, 2020 for Pat Corp. and Rat Inc.

	Pat	Rat
Cash	$30,000	$20,000
Inventory	$70,000	$30,000
Accounts Receivable	$180,000	$70,000
Investment in Rat	$200,000
Fixed Assets	$500,000	$90,000
Accumulated Depreciation	($280,000)	($30,000)
Total Assets	$700,000	$180,000
Current Liabilities	$120,000	$60,000
Long-Term Debt	$400,000	$20,000
Common Shares	$90,000	$40,000
Retained Earnings	$90,000	$60,000
Liabilities and Equity	$700,000	$180,000

Balance Sheets

Additional Information:

Pat uses the cost method to account for its 50% interest in Rat, which it acquired on January 1, 2017. On that date, Rat's retained earnings were $20,000. The acquisition differential was fully amortized by the end of 2020.

Pat sold Land to Rat during 2019 and recorded a $15,000 gain on the sale. Pat is still using this Land. Pat's December 31, 2020 inventory contained a profit of $10,000 recorded by Rat.

Rat borrowed $20,000 from Pat during 2020 interest-free. Rat has not yet repaid any of its debt to Pat.

Both companies are subject to a tax rate of 20%.

Prepare a Consolidated Balance Sheet for Pat on December 31, 2020 assuming that Pat's investment in Rat is a control investment.