The condensed financial statements for OIL Inc. and ERS Company for the year ended December 31, Year 5, follow:

On December 31, Year 5, after the above figures were prepared, OIL issued $240,000 in debt and 12,000 new shares to the owners of ERS for 80% of the out standing shares of that company. OIL shares had a fair value of $40 per share.
OIL also paid $30,000 to a broker for arranging the transaction. In addition, OIL paid $32,000 in stock issuance costs. ERS's equipment was actually worth $690,000, but its patented technology was appraised at only $280,000.
Required:
What are the consolidated balances for the year ended/at December 31, Year 5, for the following accounts?
(a) Net income
(b) Retained earnings, 1/1/Year 5
(c) Equipment
(d) Patented technology
(e) Goodwill
(f) Liabilities
(g) Common shares
(h) Non-controlling interests

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OIL $900,000 660,000 $ 240,000 ERS Revenues Expenses Net income $ 300,000 200,000 $ 100,000 $800,000 240,000 Retained earnings, 1/1/Year 5 Net income Dividends paid Retained earnings, 12/31/Year 5 $ 200,000 100,000 0 300,000 90,000 $950,000 Cash Receivables and inventory Patented technology (net) Equipment (net) Total assets $ 80,000 400,000 900,000 700,000 $2,080,000 110,000 170,000 300,000 600,000 $1,180,000 Liabilitiess Common shares Retained earnings Total liabilities and equities $ 600,000 530,000 950,000 $2,080,000 $410,000 470,000 300,000 $1,180,000