80%, cost, operating, sales-type and financing leases. Patter Inc. acquired an 80% interest in Swing Company for $480,000 on January 1, 2011, when Swing had the following stockholders’ equity: Any...

80%, cost, operating, sales-type and financing leases. Patter Inc. acquired an 80% interest in Swing Company for $480,000 on January 1, 2011, when Swing had the following stockholders’ equity:

Any excess was attributed to goodwill. The trial balances of Patter, Inc., and Swing Company were prepared on December 31, 2015, as follows: