On January 1, 2020, French Company acquired 60 percent of K-Tech Company for $337,500 when K-Tech's book value was $437,500. The fair value of the newly comprised 40 percent noncontrolling interest was assessed at $225,000. 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 $45,000 In 2020, K-Tech reports $17,500 net income and declares no dividends. At the end of 2021, the two companies report the following figures (stockholders' equity accounts have been omitted) Current assets Trademarks Patented technology Liabilities Revenues Expenses Investment income French Company Carrying Amounts $ 645,000 285, eee 435, eee (415,000) (925,000 475,000 Not given K-Tech Company Carrying Amounts $ 325,000 225,000 175,000 (145,000) (425,000) 325,000 K-Tech Company Fair Values $ 345,000 305,000 220,00 (145, eea) NADNARARAR HASTA AHORA In 2021, assuming K-Tech has declared no dividends, what are the noncontrolling interest's share of the subsidiary's income and the ending balance of the noncontrolling Interest in the subsidiary? Multiple Choice $29,800 and $265,200 $40,000 and $232.000 $23.000 and $247600 Multiple Choice O $29,800 and $265,200. O $40,000 and $232,000. O $23,000 and $247,600. $33,200 and $258,400. What amount is reported for trademarks in the 2021 consolidated balance sheet? Multiple Choice $598.000, $582,000 $574,000 Multiple Choice $598,000. O $582,000 O $574,000. $590,000