On January $1,2020,$ P company acquires $90$ percent of the outstaniding common stock of $ company, in exchange for $$1,710,000$ cash.

At the acquisition date, $ company's total fair value, including the noncontrolling interest, was assessed at $$1,900,000.$ Also at the acquisition date,

S company's book value was $$725,000.($common stock $400,000,$ additional paid$-$in capital $60,000,$ retained earnings $265,000)$

Customer base

$0$

$800000$

For internal reporting purposes, P company employs the equity method to account for this investment. The following account balances are for the year

ending December $31,2020,$ for both companies. At year$-$end, there were no intra$-$entity receivables or payables.

Revenues

Cost of goods sold

Depreciation expense

Amortization expense

Equity in income of Gardena

Net income

Retained earnings $(\frac{1}{1}\frac{?}{2020})$

Net income

Dividends declared

Retained earnings $(\frac{12}{31}\frac{?}{2020})$

Current assets

Investment in S company

$1,854,000$

$0$

Trademark

Property and equipment $($net$)$

Patents

Total assets

Accounts payable

Common stock

Additional paid$-$in capital

Retained earnings $(\frac{12}{31}\frac{?}{2020})$

$($$$300,000)$

$($$$60,000)$

Total liabilities and equities

What is the consolidated balance for ending balance of retained earnings in $2020?$

Consolidated JE I to eliminate subsidiary's income accrued by parent $($equity in subsidiary earnings$)$ at December $31,2020($Consolidation JE I$)$

What is the consolidated net income attributable to non$-$controlling interest of S company at December $31,2020?$

What is the excess amortization expense associated with incremental fair value of customer base?