Following are several figures reported for Allister and Barone asof December 31, 2018:
| Allister | Barone |
| Inventory | $ | 650,000 | $ | 450,000 |
| Sales | | 1,300,000 | | 1,100,000 |
| Investment income | | not given | | |
| Cost of goods sold | | 650,000 | | 550,000 |
| Operating expenses | | 305,000 | | 375,000 |
|
Allister acquired 90 percent of Barone in January 2017. Inallocating the newly acquired subsidiary's fair value at theacquisition date, Allister noted that Barone had developed acustomer list worth $86,000 that was unrecorded on its accountingrecords and had a 4-year remaining life. Any remaining excess fairvalue over Barone's book value was attributed to goodwill. During2018, Barone sells inventory costing $145,000 to Allister for$210,000. Of this amount, 10 percent remains unsold in Allister'swarehouse at year-end.
Determine balances for the following items that would appear onAllister's consolidated financial statements for 2018:
