Preparing a consolidated income statementCost method with noncontrolling interest, AAP and upstream and downstream intercompany inventory profits A parent company purchased a 70% controlling interest in its subsidiary several years ago. The aggregate fair value of the controlling and noncontrolling interest was $255,000 in excess of the subsidiarys Stockholders Equity on the acquisition date. This excess was assigned to a building that was estimated to be undervalued by $153,000 and to an unrecorded Trademark valued at $102,000. The building asset is being depreciated over a 10-year period and the Trademark is being amortized over a 6-year period, both on the straight-line basis with no salvage value. During the current year, the parent and subsidiary reported a total of $340,000 of intercompany sales. At the beginning of the current year, there were $59,500 of upstream intercompany profits in the parents inventory. At the end of the current year, there were $42,500 of downstream intercompany profits in the subsidiarys inventory. During the current year, the subsidiary declared and paid $85,000 of dividends. The parent company uses the cost method of pre-consolidation investment bookkeeping. Each company reports the following income statement for the current year:

	Parent	Subsidiary
Income statement:
Sales	$10,200,000	$1,105,000
Cost of goods sold	(5,950,000)	(552,500)
Gross profit	4,250,000	552,500
Income (loss) from subsidiary	59,500	-
Operating expenses	(2,125,000)	(314,500)
Net income	$2,184,500	$238,000

a. Starting with the parents current-year pre-consolidation net income of $2,184,500, compute the amount of current-year net income attributable to the parent that will be reported in the consolidated financial statements.

Do not use negative signs with your answers below.

Reconciliation of Cost to Equity Method
Parent's pre-consolidation net income 2,184,500
Dividend Income 59,500
P% x Net income of subsidiary 166,600
P% x AAP amortization 22,610
P% of Upstream profit 41,650
Downstream profit 42,500
Net income attributable to controlling interest 2,268,140

b. Prepare the consolidated income statement for the current year.

Do not use negative signs with your answers below.

Consolidated Income Statement
Sales 10,965,000
Cost of goods sold
Gross profit
Operating expenses
Net income
Net income attributable to noncontrolling interests
Net income attributable to the parent 2,268,140

Just need help solving missing numbers for B. I know it involes adding and subtracting what we are given/ waht we found im just not sure which ones.