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:

Current assets $ $14,200$ Liabilities $ $215,000$

Property and equipment $($net$)328,200$ Common stock $100,000$

Patents $192,600$ Retained earnings $220,000$

$ $535,000$ $ $535,000$

On January $1,2023,$ Holland assessed the carrying amount of Zeeland$$s equipment $(5-$year remaining life$)$ to be undervalued by $$57,000.$ Holland also determined that Zeeland possessed unrecorded patents $(10-$year remaining life$)$ worth $$295,400.$ Zeeland$$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:

Account Holland Zeeland

Sales $ $(663,900)$ $ $(430,500)$

Cost of goods sold $336,800201,000$

Depreciation expense $83,00033,800$

Amortization expense $14,20020,800$

Other operating expenses $52,80062,900$

Equity in Zeeland earnings $(42,636)0$

Separate company net income $ $(219,736)$ $ $(112,000)$

Retained earnings, $1/1$ $ $(820,400)$ $ $(301,900)$

Net income $(219,736)(112,000)$

Dividends declared $50,00030,000$

Retained earnings, $12/31$ $ $(990,136)$ $ $(383,900)$

Current assets $ $125,200$ $ $83,500$

Investment in Zeeland $589,2120$

Property and equipment $($net$)839,000261,000$

Patents $149,400149,500$

Total assets $ $1,702,812$ $ $494,000$

Liabilities $ $(392,676)$ $ $(10,100)$

Common stock$$Holland $(320,000)0$

Common stock$$Zeeland $0(100,000)$

Retained earnings, $12/31(990,136)(383,900)$

Total liabilities and owners' equity $ $(1,702,812)$ $ $(494,000)$

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

Required:

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