On 1 January 2021, Company P acquired 80% of the outstanding capital stock of Company S in exchange for its own stock with a fair value of $16,000 and a par value of $4,000 without paying a control premium. On this date, the capital stock balance of Company S was $3,000, its additional paid-in capital balance was $5,000, and its retained earnings balance was $6,500. Additionally, the fair values of identifiable assets and liabilities of Company S equal their book values, except for plant assets. At acquisition, fair value exceeded book value of subsidiary plant assets by $1,000, all of which are subject to straight-line depreciation and have remaining useful lives of 10 years. Neither company issued or reacquired capital stock since that date.

a. How much Goodwill will be recognized on the consolidated balance sheet dated 12/31/21?

b. Calculate the Goodwill allocation for Company P and for the Non-Controlling Interest