1 On January 1, Beckman, Inc., acquires 60 percent of the outstanding stock of Calvin for $49,716. Calvin Co. has one recorded asset, a specialized production machine with a book value of $10,000 and no liabilities. The fair value of the machine is $69,500, and the remaining useful life is estimated to be 10 years. Any remaining excess fair value is attributable to an unrecorded process trade secret with an estimated future life of 4 years. Calvin's total acquisition date fair value is $82,860. 10 points At the end of the year, Calvin reports the following in its financial statements: Print References Revenues Expenses Net income $ 76, 350 34,200 $ 42,150 $ 5,000 Machine Other assets Total assets $ 9,000 38,150 $ 47,150 Cominon stock Retained earnings Total equity $ 10,000 37,150 $ 47,150 Dividends paid Determine the amounts that Beckman should report in its year-end consolidated financial statements for noncontrolling interest in subsidiary income, noncontrolling interest, Calvin's machine (net of accumulated depreciation), and the process trade secret Amount 13,144 $ Noncontrolling interest in subsidiary income Total noncontrolling interest Calvin's machine (net accumulated depreciation) Process trade secret S 62,550 10,020 S