At December 31, Year 4. Hein Company owned 90,000 ordinary shares of Jensen Company when the shareholders' equity of Jensen was as follows: Ordinary sharan (100.000 no par valse shares issued and outstanding) Retained earning $ 800,000 1,000,000 $1,800,000 The undepleted acquisition differential at December 31. Year 4, was as follows: Trademarks-nat (remaining wall life of years) Goodwill $180,000 240.000 $420,000 nices On January 1, Year 5. Hein sold 20,000 ordinary shares of Jensen to an unrelated party for $500,000. Jensen's statement of retained earnings for Year 5 was as follows: Rotained earnings, beginning of your Profit Dividends Retained earnings, and ot year $ 1.000.000 210,000 (100,000) 51,110,000 On January 1 Year 6, Hein sold 30,000 ordinary shares of Jensen to an unrelated party for their felr value of $26 per share. Additional Information Hein Company uses the equity method to account for its investment in Jensen for its separate entity financial statements. Neither Hein or Jensen report any trademarks on their separate entity financial statements The undepleted acquisition differential at December 31, Year 4, was split between the controlling and non-controlling interests in direct proportion to their respective percentage ownership. There was no impairment of goodwill in Year 5. There were no unrealized profits from intercompany transactions since the date of acquisition Required: (a) Calculate the balance in the investment account at December 31, Year 4, and non-controlling interest on the consolidated balance sheet at December 31, Year 4. (Omit $ sign in your response.) Balance in the investment account Non-controlling interest on the consolidated balance sheet (b) Prepare the journal entries relating to Hein Investment in Jensen for Year 5. (If no entry is required for a transaction/event, select "No joumal entry required in the first account field.) View transaction list Journal entry worksheet