On January 1, 2017, Holland Corporation paid $9 per share to a group of Zeeland Corporation shareholders to acquire 60,000 shares of Zeeland's outstanding voting stock, representing a 60 percent ownership interest. The remaining 40,000 shares of Zeeland continued to trade in the market close to its recent average of $8.00 per share both before and after the acquisition by Holland. Zeeland's acquisition date balance sheet follows: $ 237,500 100,000 carninga220,000 557 500 $ 15,700 Liabilitie Property and cquipnent (net) 329,700 Comnon atock 557,500 On January 1, 2017, Holland assessed the carrying amount of Zeeland's equipment (5-year remaining life) to be undervalued by $50,000. Holland also determined that Zeeland possessed unrecorded patents (10-year remaining life) worth $420,100. Zeeland's acquisition-date fair values for its current assets and liabilities were equal to their carrying amounts. Any remaining excess of Zeeland's acquisition-date fair value over its book value was attributed to goodwill. The companies' financial statements for the year ending December 31, 2018, follow: Holland Sales Cost of goods sold Depreciation expense Amortization Other operating expenses Equity in Zeeland carnings Zeeland $ 582,600)$(445,500) 208,500 32,300 19,300 S8, 400 295,400 73,000 15,700 S8, B00 Separate company net incone $184,694 $(127,000) $ (821,900)342,400) Met incone Dividends declared (184, 694) 127, 000) 30,000 50,000 956,594) $439,400) $ 126,700 98,500 609,228 854,000 152,400 Investment in Zecland Property and cquipnent (net) 276,000 168,500 $ 543,000 Total assets $ 1,742,328 Liabilities Common tock - Holland Common atock-2ccland Retained earnings 12/31 (465,734) 320,000) (3,600) 100, 000) $543,000) 956,594 439,400 Total 1iabilities and ovners equity (1,742,328) At year-end, there were no intra-entity receivables or payables. a. Compute the amount of goodwill recognized in Holland's acquisition of Zeeland and the allocation of goodwill to the controlling and noncontrolling interest. b. Show how Holland determined its December 31, 2018, Investment in Zeeland account balance. c. Prepare a worksheet to determine the amounts that should appear on Holland's December 31, 2018, consolidated financial