Consolidation Eliminating Entries, Date of Acquisition and Two Years Later Plaza Hotels acquired a 90 percent interest in Stardust Casinos on January 1, 2020 for $51.100.000. The fair value of the 10 percent noncontrolling interest at the date of acquisition was $2,900,000. Stardust's date-of- acquisition reported net assets were carried at amounts approximating fair value, except for these items. Plant and equipment. 10-year life, straight-line, is overvalued by $6.000.000. Previously unrecorded limited-life identifiable intangibles, 4-year life, straight-line, were valued at $8,000,000 Stardust's equity accounts at the date of acquisition were as follows: Capital stock Retained earnings Accumulated other comprehensive income.. Total $ 300,000 1,650,000 50,000 $2,000,000 Consolidated Financial Statements: Outside Interests Stardust reports net income of $4.000.000 and other comprehensive loss of $10,000 for 2021. Stardust declare any dividends in either year. Goodwill from this acquisition is impaired by $200,000 during 2021. but was not impaired in 2020. Required a. Calculate the original goodwill for this acquisition and its allocation to controlling and noncontrol ling interests. In what ratio is goodwill allocated between controlling and noncontrolling interests? b. Prepare the consolidation eliminating entries (E) and (R) at the date of acquisition. Prepare the consolidation eliminating entries (C). (E). (R). (O) and (N) at December 31, 2021. - Nate of Acquisition Pelican Mountain Resorts uses a financial entity a the entity, who finances the purchases