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On January 1 , Beckman, Inc., acquires 6 0 percent of the outstanding stock of Calvin for $ 4 5 , 7 8 0 .

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On January 1, Beckman, Inc., acquires 60 percent of the outstanding stock of Calvin for $45,780. Calvin Co. has one recorded asset, a
specialized production machine with a book value of $13,400 and no liabilities. The fair value of the machine is $64,900, and the
remaining useful life is estimated to be 10 years. Any remaining excess fair value is attributable to an unrecorded process trade secret
with an estimated future life of 4 years. Calvin's total acquisition date fair value is $76,300.
At the end of the year. Calvin reports the following in its financial statements:
Determine the amounts that Beckman should report in its year-end consolidated financial statements for noncontrolling interest in
subsidiary income, noncontrolling interest, Calvin's machine (net of accumulated depreciation). and the process trade secret.
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