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Carson, Inc., acquires 80 percent of the outstaniding common stock of Gardena corporation on January 1, 2020, in exchange for $900,000 cash.
At the acquisition date, Gardena's total fair value, including the noncontrolling interest, was assessed at $1,125,000. Also at the acquisition date,
Gardena's book value was $690,000.
Several individual items on Gardena's financial records had fair values that differed from their book values as follows:
								Book value		Fair value
Trademark (indefinite life)								$360,000		$383,000
Property and equipment (net, 8-year remaining useful life)								290,000		330,000
Patent (14-year remaining useful life)								132,000		272,000
For internal reporting purposes, Carson, inc., employs the equity method to account for this investment. The following account balances are for the year
ending December 31, 2020, for both companies. At year-end, there were no intra-entity receivables or payables.
								Carson	Gardena
Revenues								($1,400,000)	($825,000)
Cost of goods sold								774,000	395,750
Depreciation expense								328,000	36,250
Amortization expense								0	28,000
Equity in income of Gardena								($280,000)	0
Net income								($578,000)	($365,000)
Retained earnings (1/1/2020)								($1,275,000)	($530,000)
Net income								($578,000)	($365,000)
Dividends declared								300,000	50,000
Retained earnings (12/31/2020)								($1,553,000)	($845,000)
Current assets								$860,000	$432,250
Investment in Gardena								1,140,000	0
Trademark								240,000	360,000
Property and equipment (net)								1,030,000	253,750
Patents								0	104,000
Total assets								3,270,000	1,150,000
Accounts payable								($142,000)	($145,000)
Common stock								($300,000)	($120,000)
Additional paid-in capital								($1,275,000)	($40,000)
Retained earnings (12/31/2020)								($1,553,000)	($845,000)
Total liabilities and equities								($3,270,000)	($1,150,000)

6. What is the consolidated balance for investment at December 31, 2020?

7. What is the consolidated balance for equiy in income of Gardena at December 31, 2020?

8. What is the consolidated balance for dividend declared at December 31, 2020? 9. What is the net income attributable to noncontrolling interests of Gardena at December 31, 2020? 10. What is the net income attributable to controlling interests of Gardena at December 31, 2020?

can you please write separate those ans for my better understanding. I had a sheet from a different post but its hard to understand for me. Thank you

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