Passerby International purchased 80% of Standaround Company's outstanding common stock for $200,000 on January 2, 2014. At that time, the fair value of Standaround’s net assets was equal to the book values. The balance sheets of Passerby and Standaround at January 2, 2014 are summarized as follows:
Passerby Standaround
Assets $1,600,000 $470,000
Liabilities $840,000 $230,000
Capital stock 360,000 50,000
Retained earnings 400,000 190,000
Determine the consolidated balances as of January 2, 2014 for the following five balance sheet line items: Goodwill, Liabilities, Capital stock, Retained earnings, and No controlling interest.