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On July 1 2021 Truman Company acquired a 70 percent interest in Atlanta Company in exchange for consideration of $791.875 in cash and equity securities. The remaining 30 percent of Atlanta's shares traded closely near an average price that totaled $339,375 both before and after Truman's acquisition In reviewing its acquisition, Truman assigned a $124.500 for value to a patent recently developed by Atlanta, even though it was not recorded within the financial records of the subsidiary. This potent is anticipated to have a remaining life of five years. The following financial information is available for these two companies for 2021. In addition, the subsidiary's income was earned uniformly throughout the year. The subsidiary declared dividends quarterly Revenues Operating expenses Tacone of subsidiary Net Income Retained earnings, 1/1/21 Net Income (above) Dividends declared Retained earnings, 12/31/21 Current assets Investment in Atlanta Land Buildings Total assets Liabilities Connon stock Additional paid in capital Retained earnings, 12/31/21 Total liabilities and stockholders' equity Truman $(780,165) 468,000 (58,835) $ (371,000) 5 (871,000 (371,000) 150,000 $(1,092,000) $ 465,790 833,210 458,000 748,000 $ 2,505,000 $ (913,600) (95,000) (405,000) (1,092, 000) 5 (2,505,000) Atlanta $ (491,000) 298.000 0 5 (193,000) $(534X800) (193,000) 50, 800 $ (677,00) $ 448,000 237,000 674,000 $ 1,359,000 $ (362, 800) (300,000) (20,000) (677 888) $(1,359,000 How did Truman allocate the goodwill from the acquisition across the controlling and nonco Controlling Noncontrolling Interest Interest $ 124,500 $ 124,500 x Goodwill How did Truman derive the Investment in Atlanta account balance at the end of 20212 Initial value at acquisition date Equity in earings of Atlanta Dividends 2021 Investment account balance 12/31/21 S 124,500 124,500 124,500 $ 124,500