On January $1,2023,$ French Company acquired $60$ percent of K$-$Tech Company for

$$319,500$ when K$-$Tech's book value was $$419,500.$ The fair value of the newly comprised

$40$ percent noncontrolling interest was assessed at $$213,000.$ At the acquisition date, $K-$

Tech's trademark $(10-$year remaining life$)$ was undervalued in its financial records by

$$80,000.$ Also, patented technology $(5-$year remaining life$)$ was undervalued by $$33,000.$

In $2023,$ K$-$Tech reports $$19,500$ net income and declares no dividends. At the end of

$2024,$ the two companies report the following figures $($stockholders$\text{'}$ equity accounts

have been omitted$)$:

Note: Parentheses indicate a credit balance.

Required:

a$.$ Compute the $2024$ consolidated net income before allocation to the controlling and

noncontrolling interests.

b$.$ In $2024,$ assuming K$-$Tech has declared no dividends, compute the noncontrolling

interest's share of the subsidiary's income and the ending balance of the

noncontrolling interest in the subsidiary.

c$.$ Compute the amount reported for trademarks in the $2024$ consolidated balance

sheet.