4-22 (Algo) (LO 4-3, 4-4, 4-5) On January 1, 2021, Ackerman Company acquires 80% of Seidel Company for $1,729,120 in cash consideration. The remaining 20 percent noncontrolling interest shares had an acquisition-date estimated fair value of $432,280. Seidels acquisition-date total book value was $1,717,000. The fair value of Seidels recorded assets and liabilities equaled their carrying amounts. However, Seidel had two unrecorded assetsa trademark with an indefinite life and estimated fair value of $247,450 and several customer relationships estimated to be worth $181,800 with four-year remaining lives. Any remaining acquisition-date fair value in the Seidel acquisition was considered goodwill. During 2021, Seidel reported $173,720 net inc