The statements of financial position of Pork Co. and Barrel Ltd. on December 31, Year 2, are shown next: Pork Co. Barrel Ltd. Plant and equipment (net) $400,000 $270,000 Investment in Barrel Ltd. 329,000 Inventory 120,000 102,000 Accounts receivable 45,000 48,000 Cash 22,000 60,000 $916,000 $480,000 Ordinary shares $260,000 $120,000 Retained earnings 200,000 180,000 Long-term debt 240,000 108,000 Current liabilities 216,000 72,000 $916,000 $480,000 Pork acquired 70% of the outstanding shares of Barrel on December 30, Year 2, for $329,000. Direct costs of the acquisition amounted to $12,000. The carrying amounts of the net assets of Barrel approximated fair values except for plant and equipment, which had a fair value of $320,000. Required: (a) Prepare a consolidated statement of financial position at December 31, Year 2, under entity theory. (b) Calculate goodwill and non-controlling interest on the consolidated statement of financial position at December 31, Year 2, under parent company extension theory