On January 1, 2023, Ridge Road Company acquired 20 percent of the voting shares of Sauk Trall, Incorporated, for $2,700,000 in cash. Both companles provide commerclal Internet support services but serve markets In different Industrles. Ridge Road made the Investment to galn access to Sauk Trall's board of directors and thus facilltate future cooperatlve agreements between the two firms. Ridge Road quickly obtalned several seats on Sauk Trall's board, which gave It the ability to significantly Influence Sauk Trall's operating and Investing actlvitles. The January 1, 2023, carrylng amounts and corresponding falr values for Sauk Trall's assets and Ilabilitles follow: Also, as of January 1, 2023, Sauk Trall's computIng equipment had a seven-year remaining estimated useful IIfe. The patented technology was estimated to have a three-year remaining useful IIfe. The trademark's useful Iffe was considered Indefinlte. RIdge Road attributed to goodwill any unidentified excess cost. During the next two years, Sauk Trall reported the following net Income and dividends: Requlred: a. How much of Ridge Road's $2,700,000 payment for Sauk Trall is attributable to goodwill? b. What amount should RIdge Road report for Its equity In Sauk Trall's earnings on Its Income statements for 2023 and 2024 ? c. What amount should Ridge Road report for Its Investment In Sauk Trall on Its balance sheets at the end of 2023 and 2024 ? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. b. What amount should Ridge Road report for its equity in Sauk Trail's earnings on its income statements for 2023 and 2024 ? c. What amount should Ridge Road report for its investment in Sauk Trail on its balance sheets at the end of 2023 and 2024