Based on the following, what is consolidated net income for 2019?

Do not break out Non controlling interest allocation. You must show your work for credit.

On 1/1/17, Halloween Company purchased 90% of the outstanding shares of Spooky Industries.

Acquisition Date values:

Amount paid by Halloween $500,000

Fair value of non controlling interest $54,000

Net asset value of Spooky $376,000

Equipment undervalued by Spooky (8 year life) $80,000

Customer list undervalued by Spooky (4 year life) $98,000 2019

Dividends declared by Spooky $18,000

Halloween 2019 Revenues $448,200

Halloween 2019 Expenses $315,000

Spooky 2019 Revenues $256,500

Spooky 2019 Expenses $175,500