On January $1,2023,$ Holland Corporation paid $$9$ per share to a group of Zeeland Corporation shareholders to acquire $60,000$ shares of Zeeland's outstanding voting stock, representing a $60$ percent ownership interest. The remaining $40,000$ shares of Zeeland continued to trade in the market close to its recent average of $$8\mathrm{.}00$ per share both before and after the acquisition by Holland. Zeeland's acquisition date balance sheet follows:

$\backslash$table$[[$Current assets,$ $14,300,$Liabilities,$\backslash$table$[[\backslash$table$[[$$$],[216,500]]]]],[$Property and equipment $($net$),328,300,$Common stock,$100,000],[$Patents$,193,900,$Retained earnings,$220,000],[,$$$536,500,,\backslash$table$[[\backslash$table$[[$$$],[536,500]]]]]]$

On January $1,2023,$ Holland assessed the carrying amount of Zeeland's equipment $(5-$year remaining life$)$ to be undervalued by $$58,000.$ Holland also determined that Zeeland possessed unrecorded patents $(10-$year remaining life$)$ worth $$300,600.$ Zeeland's acquisition$-$date fair values for its current assets and liabilities were equal to their carrying amounts. Any remaining excess of Zeeland's acquisition$-$date fair value over its book value was attributed to goodwill.

The companies' financial statements for the year ending December $31,2024,$ follow:

$\backslash$table$[[$Account$,$Holland,Zeeland$],[$Sales$,$$$,(675,600),$$$,(431,500)],[$Cost of goods sold,,$342,700,,201,500],[$Depreciation expense,,$84,500,,33,700],[$Amortization expense,,$14,300,,20,700],[$Other operating expenses,,$53,200,,62,600],[$Equity in Zeeland earnings,,$(42,804),,0],[$Separate company net income,$$,(223,704),$$$,(113,000)],[$Retained earnings, $1/1,$$$,(820,500),$$$,(304,600)],[$Net income,,$(223,704),,(113,000)],[$Dividends declared,,$50,000,,30,000],[$Retained earnings, $12/31,$$$,(994,204),$$$,(387,600)],[$Current assets,,$ $125,300,,$$ $84,500],[$Investment in Zeeland,,$590,568,,0],[$Property and equipment $($net$),,840,000,,262,000],[$Patents$,,149,600,,150,500],[$Total assets,$$,1,705,468,,$$ $497,000],[$Liabilities$,$$$,(391,264),,$$ $(9,400)],[$Common stock$-$Holland,,$(320,000),,0],[$Common stock$-$Zeeland,,$0,,(100,000)],[$Retained earnings, $12/31,,(994,204),,(387,600)],[$Total liabilities and owners' equity,,$\backslash$table$[[1,705,468)]],$$$,(497,000)]]$

At year$-$end, there were no intra$-$entity receivables or payables.

Required:

a$1.$ Compute the amount of goodwill recognized in Holland's acquisition of Zeeland.

a$2.$ Show the allocation of goodwill to the controlling and noncontrolling interest.

b$.$ Show how Holland determined its December $31,2024,$ Investment in Zeeland account balance.

c$.$ Prepare a worksheet to determine the amounts that should appear on Holland's December $31,2024,$ consolidated financial statements.