On January 1, 2017, Harrison, Inc., acquired 90 percent of Starr Company in exchange for $1,125,000 fair-value consideration. The total fair value of Starr Company was assessed at $1,200,000. Harrison computed annual excess fair-value amortization of $8,000 based on the dif- ference between Starr's total fair value and its underlying book value. The subsidiary reported net income of 70,ooo i^ 2017an daqo,ooo in 20:8with uat is the Consolle netincome ln eacLof tuese tw eans in Lome o