You did not answer this question correctly. All the answers on previous post are wrong as well.

Answer is complete but not entirely correct. ProForm sold ClipRite inventory costing $88,000 during the last six months of 2020 for $28 ProForm sold ClipRite inventory costing $295,000 during 2021 for $440,000. At year-end, 1 Determine the consolidated balances for the following accounts: (Input all amounts as posit ProForm sold ClipRite inventory costing $88,000 during the last six months of 2020 for $280,000. At year-end, 30 percent remained. ProForm sold ClipRite inventory costing $295,000 during 2021 for $440,000. At year-end, 10 percent is left. Determine the consolidated balances for the following accounts: (Input all amounts as positive values.) Sales Cost of Goods Sold Operating Expenses Dividend Income Net Income Attributable to Noncontrolling Interest Inventory Noncontrolling Interest in Subsidiary, 12/31/21 ProForm acquired 60 percent of ClipRite on June 30, 2020, for $1,020,000 in cash. Based on ClipRite's acquisition-date fair value, an unrecorded intangible of $600,000 was recognized and is being amortized at the rate of $15,000 per year. No goodwill was recognized in the acquisition. The noncontrolling interest fair value was assessed at $680,000 at the acquisition date. The 2021 financial statements are as follows: (Note: Parentheses indicate a credit balance.) ProForm sold ClipRite inventory costing $88,000 during the last six months of 2020 for $280,000. At year-end, 30 percent remained. ProForm sold ClipRite inventory costing $295,000 during 2021 for $440,000. At year-end, 10 percent is left. Determine the consolidated balances for the following accounts: (Input all amounts as positive values.)