28. On January 1, Beckman, Inc., acquires 60 percent of the outstanding stock of Calvin for $36,000, 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 $50,000, 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 four years. Calvin's total acquisition-date fair value is $60,000. At the end of the year, Calvin reports the following in its financial statements: Revenues $50,000 Machine $ 9,000 Common stock Expenses 20,000 Other assets 26,000 Retained earnings Net income $30,000 Total assets $35,000 Total equity Dividends declared $ 5,000 $10,000 25,000 $35.000 Determine the amounts that Beckman should report in its year-end consolidated financial state- ments for noncontrolling interest in subsidiary income, noncontrolling interest, Calvin's machine (net of accumulated depreciation), and the process trade secret. na