On January 1, Year 5, Wellington Inc. owned 90% of the outstanding common shares of Sussex Corp. Wellington accounts for its investment using the equity method. The balance in the investment account on January 1, Year 5, amounted to $244,800. The unamortized acquisition differential on this date was allocated entirely to vacant land held by Sussex. 

The shareholders' equity of Sussex on January 1, Year 5, was as follows:

Common shares (7 ,200 shares outstanding)                                    $ 28,000

Retained earnings The following events occurred in Year 5:           124,000                                                                                                                                                                                    $152,000
• The net income of Sussex for Year 5 amounted to $48,000, earned equally throughout the year.

• On April 1, Year 5, Sussex issued 1,800 shares at a price of $35 per share. Wellington did not acquire any of these shares.

• On June 30, Year 5, Sussex paid dividends amounting to $24,000.
• On September 15, Year 5, Sussex sold 40% of its vacant land at its carrying amount.
• On December 31, Year 5, Wellington sold 648 shares of its investment in Sussex for $23,000.

Required

Calculate the following as at December 31, Year 5:

(a) The acquisition differential allocated to vacant land and the split in value between the parent and the non-controlling interest.

(b) The balance in the investment account, assuming that Wellington is a private company, uses ASPE, and chooses to use the equity method to report its investment in Sussex.

(c) The amount of non-controlling interest on the consolidated balance sheet.