On January 1, 2009, Vacker Co. acquired 70% of Carper Inc. by paying $650,000. This included a $20,000 control premium. Carper reported common stock on that date of $420,000 with retained earnings of $252,000. A building was undervalued in the company's financial records by $28,000. This building had a ten-year remaining life. Copyrights of $80,000 were to be recognized and amortized over 20 years. Carper earned income and paid cash dividends as follows:

	Net Income	Dividends Paid
2009	$105,000	$54,600
2010	$134,400	$61,600
2011	$154,000	$84,000

On December 31, 2011, Vacker owed $30,800 to Carper. There have been no changes in Carper's common stock account since the acquisition.

1.) Show the acquisition date FV allocation, which includes detailed steps such as allocation to BV, FV over BV, and Goodwill allocation, between controlling and non-controlling interests.

2.) Calculate the following amounts for individual accounts:

a.) The balance of investment in Carper on Vacker's book on Dec. 31^st 2010;

b.) Non-controlling interest on consolidated financial statement on Dec. 31^st, 2010;

c.) And the balance of non-controlling interest on Dec. 31^st, 2011

3.) List all necessary consolidation entries as of December 31, 2011?