Also, as of January 1, 2021, Allan assessed a $401,000 value to an unrecorded customer contract recently negotiated by Sysinger. The customer contract is anticipated to have a remaining life of four years. Sysinger's other assets and liabilities were judged to have fair values equal to their book values. Allan elects to continue applying the equity method to this investment for internal reporting purposes. At December 31, 2021, the following financial information is available for consolidation: Allan Company $ (933,300) 616,500 (48,403) Sysinger Company (383,000) 231,800 $ Revenues Operating expenses Equity earnings of Sysinger Gain on revaluation of Investment in Sysinger to fair value Net income Retained earnings, January 1 Net income Dividends declared (64,935) 430,138 $ $ $ $ (963, 100) (430,138) 139,700 $(1,253,538) 151,200 (604,800) (151,200) 40,300 Retained earnings, December 31 $ (715,700) $ 544,300 Current assets Investment in Sysinger (equity method) Property, plant, and equipment Patented technology Customer contract 287,400 1,676,418 828,000 852,100 593,000 371,900 Total assets Liabilities Common stock Additional paid-in capital Retained earnings, December 31 $ 3,643,918 $(1, 306, 380) (901,000) (183,000) (1,253,538) $(3,643,918) $ 1,509,200 $ (89,300) (503,000) (201,200) (715,700) $(1,509,200) Total liabilities and equities a. How should Allan allocate Sysinger's total acquisition date fair value (January 1, 2021) to the assets acquired and liabilities assumed for consolidation purposes? b. Calculate the following as they would appear in Allan's pre-consolidation 2021 statements. Equity in earnings of Sysinger Gain on revaluation of Investment in Sysinger to fair value Investment in Sysinger c. Prepare a worksheet to consolidate the financial statements of these two companies as of December 31, 2021. At year-end, there were no intra-entity receivables or payables