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Johannes Inc. acquired $80$ percent of Corner Brook Ltd$.$ common shares on January $1,$ Year $4,$ for $$792,000.$ At that date, the fair value of the non$-$controlling interest was $$198,000.$ Corner Brooks balance sheet contained the following amounts at the time of the combination:

Cash $ $78,000$ Accounts Payable $ $118,000$

Accounts Receivable $152,000$ Bonds Payable $598,000$

Inventory $52,000$ Common Shares $($$$10$ par value$)400,000$

Construction Work in Progress $962,000$ Retained Earnings $590,000$

Other Assets $($net$)462,000$

Total Assets $ $1,706,000$ Total Liabilities & Equities $ $1,706,000$

During each of the next three years, Corner Brook reported net income of $$144,000$ and paid dividends of $$84,000.$ On January $1,$ Year $6,$ Johannes sold $9,000$ of the Corner Brook shares for $$284,000$ in cash. Johannes used the equity method in accounting for its ownership of Corner Brook.

Required:

$($a$)$ Compute the balance in the investment account reported by Johannes on January $1,$ Year $6,$ before its sale of shares. $($Omit $ sign in your response.$)$

Balance prior to sale of shares $

$($b$)$ Prepare the entry recorded by Johannes when it sold the Corner Brook shares. $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$

$($c$)$ Calculate consolidated net income attributable to the noncontrolling interest for Year $6$ and noncontrolling interest at the end of Year $6.($Omit $ sign in your response.$)$

Consolidated net income attributable to NCI $

Non$-$controlling interest $

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