On January 1, 2013, 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:

2013- NI 105000 div paid 54600

2014- NI 134400 div paid 61600

2015 - NI 154000 div paid 84000

On December 31, 2015, Vacker owed $30,800 to Carper. There have been no changes in Carper's common stock account since the acquisition.

Required:

If the equity method had been applied by Vacker for this acquisition, what were the consolidation entries needed as of December 31, 2015? Also, for the same year, provide the Non-Controlling interest balances for Dividends and income.

i need to understand step-by-step how to calculate the values for each entry please.