On January 1, 2023, Ridge Road Company acquired 30 percent of the voting shares of Sauk Trail, Incorporated, for $4,400,000 in cash. Both companjes provide commercial internet support services but serve markets in different industries. Ridge Road made the investment to gain access to Sauk. Tral's board of directors and thus facilitate future cooperative agreements between the fwo firms. Ridge Road quickly obtained several seats on Sauk Trail's board, which gave it the abdity to significantly infuence Sauk Trail's. operating and investing activities. The January 1, 2023, carrying amounts and corresponding fair values for Sauk Trair's assets and liablities follow: Also, as of January 1,2023, Sauk Trad's computing equipinent had a seven-year remaining estimated useful life. The patented technology was estimated to have a three-year remaining usefu life. The trademark's useful life was considered indefinite. Ridge Road attibuted to goodwill any unidentified excess cost During the next two years, Sauk, Trall reported the foliowng net income and dividends: Required: - How much of Ridge Roads $4,400,000 pryment for Sauk trai is attributable to goodwil? b. What amount should Ridge Road report for its equity in Sauk Trars earnings on its income statements for 2023 and 2024 ? c. What amount should Padge Poad repont for its irvestment in Sauk. Trat on its balance sheets at the end of 2023 and 2024 ? Complete this question by entering vour answers in tha tabs tielow. Hew much of Ridge Ravids $4,400,000 payment for Savk Trall is attritutable to goodhill