On January 1, 2020, French Company acquired 60 percent of K-Tech Company for $325,500 when K-Techs book value was $425,500. The fair value of the newly comprised 40 percent noncontrolling interest was assessed at $217,000. At the acquisition date, K-Tech's trademark (10-year remaining life) was undervalued in its financial records by $80,000. Also, patented technology (5-year remaining life) was undervalued by $37,000. In 2020, K-Tech reports $21,500 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 $ 637,000 $ 317,000 $ 337,000 Trademarks 277,000 217,000 297,000 Patented technology 427,000 167,000 204,000 Liabilities (407,000 ) (137,000 ) (137,000 ) Revenues (917,000 ) (417,000 ) Expenses 483,000 317,000 Investment income Not given Note: Parentheses indicate a credit balance. 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