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Allister acquired 90 percent of Barone in January 2020. In allocating the newly acquired subsidiary's...

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Accounting

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Allister acquired 90 percent of Barone in January 2020. In allocating the newly acquired subsidiary's fair value at the acquisition date, Allister noted that Barone had developed a customer list worth $78,000 that was unrecorded on its accounting records and had a sixyear remaining life. Any remaining excess fair value over Barone's book value was attributed to goodwill. During 2021 , Barone sells inventory costing $141,000 to Allister for $202,000. Of this amount, 20 percent remains unsold in Allister's warehouse at year-end. Determine balances for the following items that would appear on Allister's consolidated financial statements for 2021

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