2 Calculate the ending balance for Investment in Starr shown on Patterson's ledger at December 31, 2012( Using the Full Equity Methods For Investment ).

3 Calculate the Consolidated net income for 2011( Using the Full Equity Methods For Investment )

4 Calculate the Consolidated net income for 2012( Using the Full Equity Methods For Investment)

5 Calculate the Non Controlling interest balance on the consolidated statements at December 31, 2011 (Using the Full Equity Methods For Investment)

6 Calculate the Non Controlling interest balance on the consolidated statements at December 31, 2012 (Using the Full Equity Methods For Investment)

(Using the Full Equity Methods For Investment) Patterson Company acquired 90% of Starr Corporation January 1, 2011 for $2,250,000. Starr had net assets at that time with a fair value of $2,500,000. At the time of the acquisition, Patterson computed the annual excess fair-value amortization to be $20,000, based on the difference between Starr's net book value and net fair value. Assume the fair value exceeds the book value, and $20,000 pertains to the whole company. Separate from any earnings from Starr, Patterson reported net income in 2011 and 2012 of $550,000 and $575,000, respectively. Starr reported the following net income and dividend payments: Net Income Dividends 2011 $150,000 $30,000 2012 $180,000 $30,000 Required: Calculate the following: 1 Endling balance for Investment in Starr shown on Patterson's ledger at December 31, 2011 1 Calculate the ending balance for Investment in Starr shown on Patterson's ledger at December 31, 2011(Using the Full Equity Methods For Investment). * (3 Points)