#8) On January 1, Beckman, Inc., acquires 60 percent of the outstanding stock of Calvin for $45,948. Calvin Co. has one recorded asset, a specialized production machine with a book value of $14,900 and no liabilities. The fair value of the machine is $65,900, 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. Calvins total acquisition date fair value is $76,580.

At the end of the year, Calvin reports the following in its financial statements:

Revenues	$	64,800		Machine	$	13,410		Common stock	$	10,000
Expenses		33,900		Other assets		22,490		Retained earnings		25,900
Net income	$	30,900		Total assets	$	35,900		Total equity	$	35,900
Dividends paid	$	5,000

Determine the amounts that Beckman should report in its year-end consolidated financial statements for noncontrolling interest in subsidiary income, noncontrolling interest, Calvins machine (net of accumulated depreciation), and the process trade secret.

	AMOUNT
NONCONTROLLING INTEREST IN SUBSIDARY INCOME
TOTAL NONCONTROLLING INTEREST
CALVINS MACHINE (NET ACUMULATED DEPRECIATION)
PROCESS TRADE SECRET

Please show calculations; thanks.