Gamma acquired 60% of Deltas shares on January 1, 2021paying $500,000 in cash.

Deltas balance sheet as of January 1, 2021and the fair value of Deltas assets and liabilities were as follows:

Balance Sheet	Delta - Book Value	Delta - Fair Value
	Jan 1, 2021	Jan 1, 2021
Cash	20,000	20,000
Accounts Receivable	30,000	8,000
Inventory	250,000	180,000
PPE Net	510,000	550,000
Assets	810,000	758,000
Accounts Payable	130,000	130,000
LT Liabilities	300,000	300,000
Common Stock	480,000
Retained Earnings	(100,000)
Liabilities & Equity	810,000	430,000

The useful life of the plant equipment is 5 years starting January 1, 2021. The turnover of short-term assets and liabilities is less than one year. Additionally, during the due-diligence process, Gamma found out that Delta has unrecorded liabilities for product warranties for $100,000 that will be likely exercised over 4 years starting January 1, 2021.

During 2021, Deltas Net Income was $355,000 and Delta paid $50,000 in dividends.

In addition, as of December 31, 2021 Gamma determined a goodwill impairment charge equal to $90,000 related to Deltas acquisition.

1) What is the goodwill at the acquisition date? (Provide calculation here)

2) What is the proportion of goodwill assigned to NCI?(Provide calculation here)

Below are Gamma's and Delta's Balance Sheets and Income Statements for the year ended December 31, 2021: BALANCE SHEET GAMMA Dec 31, 2021 DELTA Dec 31, 2021 Cash Accounts receivable Inventory Investment in Delta PPE net Assets 285,000 180,000 520,000 694,400 1,200,000 2,879,400 200,000 385,000 400,000 408,000 1,393,000 Accounts payable LT Liabilities Common stock Retained earnings Liabilities + Equity 550,000 1,100,000 300,000 929,400 2,879,400 408,000 300,000 480,000 205,000 1,393,000 INCOME STATEMENT DELTA GAMMA 2021 2021 910,000 Revenue Investment Income 1,000,000 224,400 1,224,400 910,000 COGS Depreciation Expenses 800,000 120,000 50,000 970,000 408,000 102,000 45,000 555,000 Net Income 254,400 355,000 Using the information provided above, please answer the following questions