On January 1, 2020, French Company acquired 60 percent of K-Tech Company for $304,500 when K-Techs book value was $404,500. The fair value of the newly comprised 40 percent noncontrolling interest was assessed at $203,000. At the acquisition date, K-Tech's trademark (20-year remaining life) was undervalued in its financial records by $80,000. Also, patented technology (10-year remaining life) was undervalued by $23,000.

In 2020, K-Tech reports $28,500 net income and declares no dividends. At the end of 2021, the two companies report the following figures (stockholders equity accounts have been omitted):

	French Company Carrying Amounts				K-Tech Company Carrying Amounts				K-Tech Company Fair Values
Current assets	$	623,000			$	303,000			$	323,000
Trademarks		263,000				203,000				283,000
Patented technology		413,000				153,000				176,000
Liabilities		(393,000	)			(123,000	)			(123,000	)
Revenues		(903,000	)			(403,000	)
Expenses		497,000				303,000
Investment income		Not given

What is the 2021 consolidated net income before allocation to the controlling and noncontrolling interests?

In 2021, assuming K-Tech has declared no dividends, what are the noncontrolling interests share of the subsidiarys income and the ending balance of the noncontrolling interest in the subsidiary?

What amount is reported for trademarks in the 2021 consolidated balance sheet?