On January 1 , Beckman, Inc., acquires 60 percent of the outstanding stock of Calvin for $59,232. Calvin Co. has one recorded asset, a specialized production machine with a book value of $19,500 and no liabilities. The fair value of the machine is $87,000, 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 $98,720. 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