Window.matty/question Saved Required information On January 1, 20X8. Potter Corporation acquired 90 percent of Shoemaker Company's voting stock, at underlying book value. The fair value of the noncontrolling interest was equal to 10 percent of the book value of Shoemaker at that date Potter uses the fully adjusted equity method in accounting for its ownership of Shoemaker On December 31, 20x9, the trial balances of the two companies are as follows: Current Assets Depreciable Assets Investment in Shoemaker Corp Depreciation Expense Other Expenses Dividends Declared Accumulated Depreciation Current Liabilities Long Term Debt Common Stock Retained Earnings Sales Incaine from Subsidiary Shoemaker Potter Company Corporation Debit Credit Debit Credit $2ee, 000 $140,000 350, Baa 250,00 162,00 27. bed 19,00 95,000 60, 78,000 10. tee $118,000 S. 88,ose tee, see 30, ebe 100.000 100, 800 5,000 150,000 160,000 258,888 110,000 30,000 $854,999 $854, Bee $470, eae 5470,00 Based on the preceding information, what amount would be reported as total assets in the consolidated balance sheet at December 31, 20x9? Multiple Choice $1,102.000 14 15 of 25 o D