The partial trial balances of P Co. and S Co. at December 31, Year 10, were as follows: P Co. S Co. Investment in S. Co. Dr 243,000 Cr. Dr Cr. Common shares Retained earnings, beginning of year 167,000 147,000 196,000 80,000 Additional Information The investment in the shares of S Co. (a 90% interest) was acquired January 2, Year 6, for $243,000. At that time, the shareholders' equity of S Co. was common shares of $196,000 and retained earnings of $37,000 and the common shares for P Co. of $167,000. Net incomes of the two companies for the year were as follows: P Co. S Co. $77,000 65,000 During Year 10, sales of P Co. to S Co. were $27,000, and sales of S Co. to P Co. were $67,000. Rates of gross profit on intercompany sales in Years 9 and 10 were 40% of sales. On December 31, Year 9, the inventory of P Co. included $24,000 of merchandise purchased from S Co., and the inventory of S Co. included $20,000 of merchandise purchased from P Co. On December 31, Year 10, the inventory of P Co. included $37,000 of merchandise purchased from S Co., and the inventory of S Co. included $22,000 of merchandise purchased from P Co. During the year ended December 31, Year 10, P Co. paid dividends of $29,000 and S Co. paid dividends of $27,000. At the time that P Co. purchased the shares of S Co., the acquisition differential was allocated to patents of S Co. These patents are being amortized for consolidation purposes over a period of five years. In Year 8, land that originally cost $57,000 was sold by S Co. to P Co. for $68,700. The land is still owned by P Co. Assume a corporate tax rate of 40%. Required: Prepare a consolidated statement of changes in equity for the year ended December 31, Year 10. (Leave no cells blank - be certain to enter "O" wherever required. Negative amounts should be indicated by a minus sign. Omit $ sign in your response.) P Co. Consolidated Statement of Changes in Equity For Year Ended December 31, Year 10 Common Shares Balance, beginning of year $ (Click to select) (Click to select) Retained earnings, Dec. 31 Retained Earnings Total Non-controlling Interest Total $ $ $ $