Protrade Corporation acquired 80 percent of the outstandingvoting stock of Seacraft Company on January 1, 2017, for $408,000in cash and other consideration. At the acquisition date, Protradeassessed Seacraft's identifiable assets and liabilities at acollective net fair value of $535,000 and the fair value of the 20percent noncontrolling interest was $102,000. No excess fair valueover book value amortization accompanied the acquisition.
The following selected account balances are from the individualfinancial records of these two companies as of December 31,2018:
| Protrade | Seacraft |
| Sales | $ | 650,000 | | $ | 370,000 | |
| Cost of goods sold | | 295,000 | | | 202,000 | |
| Operating expenses | | 151,000 | | | 106,000 | |
| Retained earnings, 1/1/18 | | 750,000 | | | 190,000 | |
| Inventory | | 347,000 | | | 111,000 | |
| Buildings (net) | | 359,000 | | | 158,000 | |
| Investment income | Not given | | 0 | |
Protrade sells Seacraft a building on January 1, 2017, for$82,000, although its book value was only $51,000 on this date. Thebuilding had a five-year remaining life and was to be depreciatedusing the straight-line method with no salvage value.
Determine balances for the following items that wouldappear on consolidated financial statements for 2018:
Buildings (net)
Operating expenses
Net income attributable to non-controllinginterest
