On January 1, 2016, GABRIELLA Company acquired 80 percent of ROGAIA Company's outstanding common stock for $840,000. The fair value of the noncontrolling interest at the acquisition date was $225,000. ROGAIA reported stockholders' equity accounts on that date as follows: Common stock-$10 par value $300,000 Additional paid-in capital 80,000 Retained earnings 570,000 In establishing the acquisition value, GABRIELLA appraised ROGAIA 's assets and ascertained that the accounting records undervalued a building (with a five-year remaining life) by $90,000. In 2016, GABRIELLA reported net income of $175,000 and paid dividends of $40,000. COMPUTE THE GOODWILL ASSOCIATED WITH THIS ACQUISITION PREPARE AN ALLOCATION OF THE GOODWILL PREPARE THE CONSOLIDATION ENTRIES for the 2017 CONSOLIDATION