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On January $1,2024,$ Pasture Company acquires $80\%$ of Spring Company for $$1,848,960$ in cash consideration. Spring's stock is not

actively traded, and therefore its total fair value must be implied. Spring's acquisition$-$date total book value was $$1,836,000.$

The fair value of Spring's recorded assets and liabilities equaled their carrying amounts. However, Spring had two unrecorded assets$-$

a trademark with an indefinite life and estimated fair value of $$264,600$ and licensing agreements estimated to be worth $$194,400$ with

four$-$year remaining lives. Any remaining acquisition$-$date fair value in the Spring acquisition was considered goodwill.

During $2024,$ Spring reported $$185,760$ net income and declared and paid dividends totaling $$54,000.$ Also in $2024,$ Pasture reported

$$378,000$ net income, but neither declared nor paid dividends.

Required:

a$.$ What amount should Pasture assign to the $20$ percent noncontrolling interest of Spring at the acquisition date?

b$.$ How much of $2024$ consolidated net income should be allocated to the noncontrolling interest?

c$.$ What amount of $2024$ dividends should be allocated to the noncontrolling interest?

d$.$ What amount of noncontrolling interest should appear in the owners' equity section of Pasture's consolidated balance sheet at

December $31,2024?$

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