On January 1, 2013 Joseph, Inc. acquired 80% of Allen Company in exchange for $2,250,000 fair-value consideration. The total fair value of Allen Company was assessed at $2,400,000. Joseph computed annual excess fair-value amortization of $16,000 based on the difference between Allens total fair value and its underlying net asset fair value. The subsidiary reported earnings of $150,000 in 2013 and $195,000 in 2014 with dividend payments of $42,000 each year. Apart from its investment in Allen Company, Joseph had income of $450,000 in 2013 and $575,000 in 2014.

How much is the acquisition date excess fair value amortization?

How much is the non-controlling interest fair value on 1/1/2013?

How much is 2013 income to NCI?

How much is 2013 dividends to NCI?

How much is the non-controlling interest reported value at December 31, 2013?

How much is the 2014 income to NCI?

How much is the consolidated Net Income for 2014?

How much is the non-controlling interest reported value at 12/31/14?