On January 1, 2020, Holland Corporation paid $8 per share to a group of Zeeland Corporation shareholders to acquire 60,000 shares of Zeelands 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 $7.00 per share both before and after the acquisition by Holland. Zeelands acquisition date balance sheet follows:

Current assets	$	16,000		Liabilities	$	242,000
Property and equipment (net)		290,000		Common stock		100,000
Patents		216,000		Retained earnings		180,000
	$	522,000			$	522,000

On January 1, 2020, Holland assessed the carrying amount of Zeelands equipment (5-year remaining life) to be undervalued by $47,000. Holland also determined that Zeeland possessed unrecorded patents (10-year remaining life) worth $362,100. Zeelands acquisition-date fair values for its current assets and liabilities were equal to their carrying amounts. Any remaining excess of Zeelands acquisition-date fair value over its book value was attributed to goodwill.

The companies financial statements for the year ending December 31, 2021, follow:

	Holland				Zeeland
Sales	$	(547,500	)		$	(448,500	)
Cost of goods sold		277,700				210,000
Depreciation expense		68,500				32,000
Amortization expense		16,000				19,000
Other operating expenses		60,000				57,500
Equity in Zeeland earnings		(50,634	)			0
Separate company net income	$	(175,934	)		$	(130,000	)
Retained earnings 1/1	$	(822,200	)		$	(350,500	)
Net income		(175,934	)			(130,000	)
Dividends declared		50,000				30,000
Retained earnings 12/31	$	(948,134	)		$	(450,500	)
Current assets	$	127,000			$	101,500
Investment in Zeeland		587,568				0
Property and equipment (net)		857,000				279,000
Patents		153,000				171,500
Total assets	$	1,724,568			$	552,000
Liabilities	$	(456,434	)		$	(1,500	)
Common stockHolland		(320,000	)			0
Common stockZeeland		0				(100,000	)
Retained earnings 12/31		(948,134	)			(450,500	)
Total liabilities and owners equity	$	(1,724,568	)		$	(552,000	) show work details please. I am stocks on some of them.

ssh

show work details please, Iam stock on some of them. needs help!

Req A and B Reg C 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, 2021, Investment in Zeeland account balance. (Negative amounts should be shown with a minus sign.) Show less Amount a 1 Goodwill Controlling Interest NCI a2 Goodwill allocation Amount b. Initial Value Change in Zeeland's RE Excess amortization Investment in Zeeland $ 0 Noncontrolling Interest Consolidated Totals HOLLAND CORPORATION AND ZEELAND CORPORATION Consolidation Worksheet For Year Ending December 31, 2021 Consolidation Entries Holland Zeeland Debit Credit $ (547,500) $ (448,500) 277,700 210,000 68,500 32,000 16,000 19,000 60,000 57,500 (50,634) 0 $ (175,934) $ (130,000) Accounts Sales Cost of goods sold Depreciation expense Amortization expense Other operating expenses Equity in Zeeland earnings Separate company net income Consolidated net income Noncontrolling interest in CNI Controlling interest net income Retained earnings 171 Net income Dividends declared Retained earnings 12/31 Current assets Investment in Zeeland, Inc Property and equipment (net) Patents Goodwill Total assets Liabilities Common stock Noncontrolling interest Retained earnings 12/31 Total liabilities and equities $ 822,200) $ (350,500) (175,934) (130,000) 50,000 30,000 $ (948,134) $ (450,500) $ 127,000 $ 101,500 587,568 0 857,000 279,000 153,000 171,500 0 0 $ 1,724,568 $ (456,434) (320,000) 552,000 (1,500) (100,000) (948,134) (450,500) $ (1,724,568) $ (552,000) $ $ 0 0