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ProForm acquired 70 percent of ClipRite on June 30, 2017, for $1,400,000 in cash. Based on ClipRite's acquisition-date fair value, an unrecorded intangible of $450,000 was recognized and is being amortized at the rate of $16,000 per year. No goodwill was recognized in the acquisition. The noncontrolling interest fair value was assessed at $600,000 at the acquisition date. The 2018 financial statements are as follows:

		ProForm				ClipRite
Sales	$	(910,000	)		$	(820,000	)
Cost of goods sold		590,000				455,000
Operating expenses		210,000				155,000
Dividend income		(63,000	)			0
Net income	$	(173,000	)		$	(210,000	)
Retained earnings, 1/1/18	$	(2,000,000	)		$	(960,000	)
Net income		(173,000	)			(210,000	)
Dividends declared		210,000				90,000
Retained earnings, 12/31/18	$	(1,963,000	)		$	(1,080,000	)
Cash and receivables	$	510,000			$	410,000
Inventory		400,000				810,000
Investment in ClipRite		1,400,000				0
Fixed assets		1,000,000				1,150,000
Accumulated depreciation		(200,000	)			(300,000	)
Totals	$	3,110,000			$	2,070,000
Liabilities	$	(647,000	)		$	(490,000	)
Common stock		(500,000	)			(500,000	)
Retained earnings, 12/31/18		(1,963,000	)			(1,080,000	)
Totals	$	(3,110,000	)		$	(2,070,000	)

ClipRite sold ProForm inventory costing $80,000 during the last six months of 2017 for $200,000. At year-end, 30 percent remained. ClipRite sells ProForm inventory costing $255,000 during 2018 for $360,000. At year-end, 10 percent is left. With these facts, determine the consolidated balances for the following:

	Consolidated Balance Sales Cost of goods sold Operating expenses Dividend income Net income attributable to noncontrolling interest Inventory Noncontrolling interest in subsidiary, 12/31/18

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