4110.4 edit: please help me with this one

Purple Corporation acquired 75 percent of Socks Corporation's common stock on January 1, 20X8, for $435,000. At that date, Socks reported common stock outstanding of $300,000 and retained earnings of $200,000, and the fair value of the noncontrolling interest was $145,000. The book values and fair values of Socks's assets and liabilities were equal, except for other intangible assets, which had a fair value $80,000 more than book value and a 10-year remaining life. Purple and Socks reported the following data for 20X8 and 20X9: Socks Corporation Purple Corporation Comprehensive Dividends Net Income $40,000 60,000 Operating Income $120,000 140,000 Dividends Paid $70,000 70,000 Year 20X8 20X9 Income $50,000 Paid $15,000 30,000 65,000 Required: a. Compute consolidated comprehensive income for 20X8 and 20X9 20x8 20x9 Consolidated comprehensive inco Purple Corporation acquired 75 percent of Socks Corporation's common stock on January 1, 20X8, for $435,000. At that date, Socks reported common stock outstanding of $300,000 and retained earnings of $200,000, and the fair value of the noncontrolling interest was $145,000. The book values and fair values of Socks's assets and liabilities were equal, except for other intangible assets, which had a fair value $80,000 more than book value and a 10-year remaining life. Purple and Socks reported the following data for 20X8 and 20X9: Socks Corporation Purple Corporation Comprehensive Dividends Net Income $40,000 60,000 Operating Income $120,000 140,000 Dividends Paid $70,000 70,000 Year 20X8 20X9 Income $50,000 Paid $15,000 30,000 65,000 Required: a. Compute consolidated comprehensive income for 20X8 and 20X9 20x8 20x9 Consolidated comprehensive inco