Top Company holds 90 percent of Bottom Companys common stock. In the current year, Top reports sales of $962,000 and cost of goods sold of $721,500. For this same period, Bottom has sales of $391,000 and cost of goods sold of $312,800. During the current year, Bottom sold merchandise to Top for $160,000. The Parent still possesses 35 percent of this inventory at the current year-end. Bottom had established the transfer price based on its normal gross profit rate. What are the consolidated sales and cost of goods sold?