On January 1, 2018 Fleming Corp. purchased 75% of the common stock of Bond Inc. for $32,000,000. At that time, Bond's fair value was $40,000,000 and its book value was $35,000,000. Fleming determined that the fair value of Bond's identifiable net asset equaled their book value, except for an unrecorded customer list, worth $2,250,000, with a 10-year life. Any remaining excess fair value is allocated to goodwill. Fleming uses the equity method. At 1/1/2018 Bond reported stockholders' equity as follows: Common Stock 12,500,000 Retained Earnings 22,500,000 At 12/31/2018 Bond reported the following: 2018 Income 6,000,000 2018 Dividends 1,750,000 On January 1, 2019 Bond sold Fleming equipment with a 10-year remaining life. Selling price = $6,000,000 / Original Cost = $7,500,000 / Accumulated Depreciation = $2,500,000 During 2019 Fleming sold inventory to Bond. The selling price was $9,000,000. The cost of the inventory to Fleming was $6,000,000. 15% remained in Bond's inventory at 12/31/2019. Bond still owed Fleming $750,000 for part of the inventory purchase. At 1/1/2019 Bond reported stockholders' equity as follows: Common Stock 6,000,000 Retained Earnings 26,750,000 At 12/31/2019 Bond reported the following: 2019 Income 7,500,000 2019 Dividends 2,500,000 On January 1, 2017 Bond issued 8%, 10-year bonds payable with a face value of $15,000,000 at a discount of $962,649 (a market rate of 9%). The bonds pay interest every December 31. On January 1, 2020, Fleming purchased these bonds for $14,429,012 (a market rate of 8.75%) During 2020 Fleming sold inventory to Bond. The selling price was $12,000,000. The cost of the inventory to Fleming was $8,000,000. 10% remained in Bond's inventory at 12/31/2020. Bond still owed Fleming $500,000 for part of the inventory purchase. At 1/1/2020 Bond reported stockholders' equity as follows: Common Stock 12,500,000 Retained Earnings 31,750,000 At 12/31/2020 Bond reported the following: 2020 Income 8,750,000 2020 Dividends 2,250,000 Based on the information below prepare: a) The allocation of excess fair value schedule at 1/1/2018 b) The allocation of goodwill to controlling and noncontrolling interests at 1/1/2018 c) The 12/31 allocation of consolidated net income to controlling and non controlling interest for each year d) The 12/31 balance in the Investment in Bond account and for the noncontrolling interest for each year e) All necessary equity entries by Fleming for each year f) All required consolidation entries for each year