Pitino acquired 80 percent of Brey's outstanding shares on January 1, 2016, in exchange for $387,000 in cash. The subsidiary's stockholders' equity accounts totaled $371,000 and the noncontrolling interest had a fair value of $96,750 on that day. However, a building (with a eight-year remaining life) in Brey's accounting records was undervalued by $23,000. Pitino assigned the rest of the excess fair value over book value to Brey's patented technology (five-year remaining life).

Brey reported net income from its own operations of $69,000 in 2016 and $85,000 in 2017. Brey declared dividends of $21,500 in 2016 and $25,500 in 2017.

Year	Cost to Brey			Transfer Price to Pitino			Inventory Remaining at Year-End (at transfer price)
2016	$	74,000		$	140,000		$	30,000
2017		88,000			160,000			42,500
2018		101,750			185,000			60,000

At December 31, 2018, Pitino owes Brey $21,000 for inventory acquired during the period.

The following separate account balances are for these two companies for December 31, 2018, and the year then ended.

Note: Parentheses indicate a credit balance.

	Pitino				Brey
Sales revenues	$	(872,000	)		$	(391,000	)
Cost of goods sold		520,000				214,000
Expenses		185,900				68,000
Equity in earnings of Brey		(64,240	)			0
Net income	$	(230,340	)		$	(109,000	)
Retained earnings, 1/1/18	$	(498,000	)		$	(288,000	)
Net income (above)		(230,340	)			(109,000	)
Dividends declared		134,000				24,000
Retained earnings, 12/31/18	$	(594,340	)		$	(373,000	)
Cash and receivables	$	151,000			$	103,000
Inventory		280,000				161,000
Investment in Brey		469,020				0
Land, buildings, and equipment (net)		969,000				333,000
Total assets	$	1,869,020			$	597,000
Liabilities	$	(734,680	)		$	(34,000	)
Common stock		(540,000	)			(190,000	)
Retained earnings, 12/31/18		(594,340	)			(373,000	)
Total liabilities and equity	$	(1,869,020	)		$	(597,000	)

No	Transaction	Accounts	Debit	Credit
1	1	Common stock - Brey	190,000
		Retained earnings
		Investment in Brey
		Noncontrolling interest in Brey

Without preparing a worksheet or consolidation entries, determine the consolidation balances for these two companies.

Consolidated Balance Sales revenues Cost of goods sold Expenses Equity in earnings of Brey Noncontrolling interest in consolidated net income Consolidated net income to parent Retained earnings, 1/1 Dividends declared Retained earnings, 12/31 Cash and receivables Inventory Investment in Brey Land, buildings, and equipment Patented technology Total Assets Liabilities Noncontrolling interest in Brey, 12/31 Common Stock Retained earnings, 12/31 Total liabilities and stockholders' equity