Canan Corporation paid $14,400 for a 80% interest in Kodak Corporation on January 1, 2020, when Kodak's stockholders' equity consisted of $8,000 Capital Stock, APIC of $2,000 and $3,000 of Retained Earnings. The excess cost over book value was attributable to trademark, which has not been impaired since acquisition date.

Additional information:

1. Canan sells merchandise to Kodak at 120% of Canan's cost. During 2020, Canan's sales to Kodak were $4,800, of which half of the merchandise remained in Kodak's inventory at December 31, 2020. (The 2020 ending inventory was sold in 2021.) During 2021, Canan's sales to Kodak were $6,000 of which 60% remained in Kodak's inventory at December 31, 2021.

At year-end 2021, Kodak owed Canan $4,000 for the inventory purchased during 2021.

2. Canan Corporation sold equipment with a book value of $2,000 and a remaining useful life of four years and no salvage value to Kodak Corporation on January 1, 2021 for $2,800. Straight-line depreciation is used.

3. During 2021, Kodak sold to Canan land for $50,000 that had a book value of $20,000. Canan still owns the land at 12/31/21.

4. Separate company financial statements for Canan Corporation and Kodak at December 31, 2021 are summarized in the first two columns of the consolidation working papers. See Spreadsheet Tab.

1. What is the amount for Trademark shown in the consolidated balance sheet?
2. What amount of the intercompany Equipment net gain or loss adjustment be confirmed in 2021?
Enter as a positive value if gain or a negative value if loss adjustment to net income to controlling interest .
3. What is the amount of the Net parent company intercompany inventory profit that
must be recognized in 2021? Enter as a positive value if net income is increased and negative if decreased.
4. What is the amount of the subsidiary intercompany land gain profit that is confirmed in 2021?
5. What is the NonControlling Interest Claim on the Subsidiary's Net Income?
Enter as a positive amount.
6. What is the Net Income Attributed to the Controlling Interest?
7. What are consolidated total assets in the Consolidated Balance Sheet?
8. What is the NonControlling Interest Claim on the Subsidiary's Equity at 12/31/21
as presented in the Consolidated Balance Sheet?
9. What is the adjustment to the land account in the elimination entries?
Enter as a positive amount.
10. What are consolidated sales for 2021?