OK! Help Save & Ext Submit Check my work 2 Cash and receivables Computing equipment Patented technology Tradenark Liabilities yay Anount $ 155,000 5,405,000 145,000 195,000 (230,000) Fair Value $ 155,000 6,420,000 4,090,000 2,090,000 (230,000) 3 Done Also, as of January 1, 2020, Sauk Trail's computing equipment had a seven-year remaining estimated useful life. The patented technology was estimated to have a three-year remaining useful life. The trademark's useful life was considered indefinite, Ridge Road attributed to goodwill any unidentified excess cost Diring the next two years, Sauk Trail reported the following net income and dividends: Print 2020 2021 Net Incone $1,890,000 2,075,000 Dividends Declared $195.000 205,000 a. How much of Ridge Road's $3,600,000 payment for Sauk Trail is attributable to goodwill? b. What amount should Ridge Road report for its equity in Sauk Trail's earnings on its income statements for 2020 and 2021? c. What amount should Ridge Road report for its investment in Sauk Trail on its balance sheets at the end of 2020 and 2021