The partial trial balances of P Co. and 5 Co. at December 31, Year 10, were as follows: P Co. S Co. Dr Cr. Dr Cr. Investment in S. Co. 153,000 Common shares 157,000 116,000 Retained earnings, beginning of year 127,000 59,000 Additional Information The Investment in the shares of S Co. (a 90% interest) was acquired January 2, Year 6, for $153,000. At that time, the shareholders' equity of S Co. was common shares of $116,000 and retained earnings of $27,000 and the common shares for P Co. of $157,000. .Net Incomes of the two companies for the year were as follows: P Co. S Co. $67,000 55,000 During Year 10, sales of P Co. to S Co. were $17,000, and sales of S Co. to P Co. were $57,000. 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 $14,000 of merchandise purchased from S Co., and the inventory of S Co. included $10,000 of merchandise purchased from P Co. On December 31, Year 10, the inventory of P Co. included $27,000 of merchandise purchased from S Co., and the inventory of S Co. included $12,000 of merchandise purchased from P Co. During the year ended December 31, Year 10, P Co. paid dividends of $19,000 and S Co. paid dividends of $17,000. 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 $47,000 was sold by S Co. to P Co. for $57,700. 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 "0" wherever required. Negative amounts should be indicated by a minus sign. Omit $ sign in your response.) Co. Consolidated Statement of Changes in Equity For Year Ended becember 31, Year 10 Common Shares Balance, beginning of year 153000 Add: Net income Less: Dividends Retained earnings, Dec. 31 Retained Earnings: 127000 Son-controlling Total 280000 Interest Total