On January 1, 2022. Telconnect acquires 70 percent of Bandmor for $490,000 cash. The remaining 30 percent of Bandmor's shares continued to trade at a total value of $210,000. The new subsidiary reported common stock of $300,000 an that date, with retained earnings of $180,000 A patent was undervalued in the company's financlal records by $30,000. This patent had a five-year remaining life. Goodwill of $190,000 was recognized and allocated proportionately to the controlling and noncontrolling interests. Bandmor earns net income and declares cash dividends as follows: On December 31, 2024, Telconnect owes $22,000 to Bandmor. Required: a. If Telconnect has applied the equity method, what consolldation entries are needed as of December 31, 2024? b. If Telconnect has applied the initial value method, what Entry * C is needed for a 2024 consolidation? c. If Teiconnect has applied the partial equity method, what Entry ' C is needed for a 2024 consolidation? d. What noncontrolling interest balances will appear in consolidated financlal statements for 2024 ? Complete this question by entering your answers in the tabs below. What noncontrolling interest balances will appear in consolidated financial statements for 2024 ? \begin{tabular}{|c|c|c|c|c|c|} \hline & 1 & C & No Transaction Recorded & & \\ \hline \multirow{6}{*}{} & & & & & \\ \hline & 2 & s & Common stock - Bandmor & 300,000 & \\ \hline & & & Refained earnings - Bandmor & 268,000 & \\ \hline & & - & Investment in Bandmor & & 397,600 \\ \hline & & & Noncontrolling interest in Bandmor & & 170,400 \\ \hline & & & & & \\ \hline \multirow[t]{5}{*}{} & 3 & A & & 18,000 & \\ \hline & & & & 190,000 & \\ \hline & & & & & 145,600 \\ \hline & & & Noncontrolling interest in Bandmor & & 62,400 \\ \hline & & & & & \\ \hline \multirow[t]{3}{*}{} & 4 & i & Equity in Bendmor earnings & 72,800 & \\ \hline & & & Investment in Bandmor & & 72,800 \\ \hline & & - & & & \\ \hline \multirow[t]{3}{*}{>} & 5 & D & Investment in Bandmor & 42,000 & \\ \hline & & & Dividends declared & & 42,000 \\ \hline & & & & & \\ \hline & 6 & E & Amortization expense & 6,000 & \\ \hline & & & & & 6,000 \\ \hline & & & & . & \\ \hline \multirow[t]{3}{*}{} & 7 & P & Accounts payable & 22,000 & \\ \hline & & & Accounts receivable & & 22,000 \\ \hline & & & & & \\ \hline \end{tabular} What noncontrolling interest balances will appear in consolidated financial statements fo 2024