Following are several figures reported for Allister and Barone as of December 31, 2015:...

Following are several figures reported for Allister and Barone as of December 31, 2015:

Allister acquired 90 percent of Barone in January 2014. 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 4-year remaining life. Any remaining excess fair value over Barone’s book value was attributed to goodwill. During 2015, Barone sells inventory costing $130,000 to Allister for $180,000. Of this amount, 10 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 2015:

Inventory

Sales

Cost of Goods Sold

Operating Expenses

Net Income Attributable to Noncontrolling Interest