Several Years Ago Polar Inc Assume That Polar Sold Inventory to Icecap at a Markup

Several years ago Polar Inc. acquired an 80% interest in Icecap Co. The book values of Icecap's asset and liability accounts at that time were considered to be equal to their fair values. Polar's acquisition value corresponded to the underlying book value of Icecap so that no allocations or goodwill resulted from the transaction.
The following selected account balances were from the individual financial records of these two companies as of December 31, 2013: $\begin{array}{lrrr}&\text { Polar } & \text { Icecap } \\&\text { Inc. } & \text { Co. }\\\text { Sales } & \$ 896,000 & \$ 504,000 \\\text { Cost of goods sold } & 406,000 & 276,000 \\\text { Operating expenses } & 210,000 & 147,000 \\\text { Retained earnings, 1/1/13 } & 1,036,000 & 252,000 \\\text { Inventory } & 484,000 & 154,000 \\\text { Buildings (net) } & 501,000 & 220,000 \\\text { Investment income } & \text { not given } &\end{array}$ Assume that Polar sold inventory to Icecap at a markup equal to 25% of cost. Intra-entity transfers were $130,000 in 2012 and $165,000 in 2013. Of this inventory, $39,000 of the 2012 transfers were retained and then sold by Icecap in 2013, while $55,000 of the 2013 transfers were held until 2014.
Required:
For the consolidated financial statements for 2013, determine the balances that would appear for the following accounts: (1) Cost of Goods Sold, (2) Inventory, and (3) Non-controlling Interest in Subsidiary's Net Income.