On January 1, 2021 Parent Corp. acquires 80% of Sub Inc. for $1,712,000 in cash consideration.The remaining 20% noncontrolling interest shares had an acquisition-date estimated fair value of $428,000.Sub's acquisition-date total book value was $1,700,000.

The fair value of Sub's recorded assets and liabilities equaled their carrying amounts.However, Sub had two unrecorded assets - a trademark with an indefinite life and estimated fair value of $245,000 and several customer relationships estimated to be worth $180,000 with four-year remaining lives.Any remaining acquisition-date fair value in the Sub acquisition was considered goodwill.

During 2021 Sub reported $172,000 net income and declared and paid dividends totaling$50,000.Also in 2021 Parent reported $350,000 net income, but neither declared nor paid dividends.

1) What amount should Parent assign to the 20% noncontrolling interest of Sub at the acquisition date?

2) How much of 2021 consolidated net income should be allocated to the noncontrolling interest?

3) What amount of 2021 dividends should be allocated to the noncontrolling interest?

4) What amount of noncontrolling interest should appear in the owners' equity section of Parent's consolidated balance sheet at December 31, 2021?