On April $1,$ Year $7,$ Princeton Corp. purchased $70\%$ of the ordinary shares of Sophie Ltd$.$ for $$980,000.$ On this same date, Sophie

purchased $60\%$ of the ordinary shares of Fraser Inc. for $$900,000.$ On April $1,$ Year $7,$ the acquisition differentials from the two

investments were allocated entirely to broadcast rights to be amortized over $10$ years. The cost method is being used to account for

both investments.

During Year $7,$ the three companies sold merchandise to each other. On December $31,$ Year $7,$ the inventory of Princeton contained

merchandise on which Sophie recorded a gross margin of $$55,400.$ On the same date, the inventory of Fraser contained merchandise

on which Princeton recorded a gross margin of $$20,600.$ Assume a $40\%$ tax rate.

The following information is available:

Earned evenly throughout the year.

Required:

Calculate the following:

$($a$)$ Consolidated profit attributable to Princeton's shareholders for Year $7.($Round intermediate calculations to nearest whole dollar

value. Omit $ sign in your response.$)$

Consolidated profit

$($b$)$ Non$-$controlling interest as at December $31,$ Year $7.($Round intermediate calculations to nearest whole dollar value. Omit $ sign in

your response.$)$

Non$-$controlling interest

$($c$)$ Consolidated broadcast rights as at December $31,$ Year $7.($Round intermediate calculations to nearest whole dollar value. Omit $

sign in your response.$)$

Consolidated broadcast rights

$($d$)$ Profit on Princeton's separate$-$entity income statement, assuming that Princeton was a private company, uses ASPE, and uses the

equity method to report its investments in subsidiaries. $($Round your intermediate calculations and final answer to nearest whole

dollar value. Omit $ sign in your response.$)$