On January 1, Beckman, Inc., acquires 60 percent of the outstanding stock of Calvin for $56,760. Calvin Co. has one recorded asset, a specialized production machine with a book value of $13,800 and no liabilities. The fair value of the machine is $81,800, 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 $94,600 At the end of the year, Calvin reports the following in its financial statements Revenues 58,200 Machine $12,420 Common st 21,000 Other assets 37,200 $ 5,000 29,780Retained 42,200 Expenses Net income Total assets Total eq Dividends paid 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. Amount Noncontrolling interest in subsidiary income Total noncontrolling interest Calvin's machine (net accumulated depreciation) Process trade secret On January 1, Beckman, Inc., acquires 60 percent of the outstanding stock of Calvin for $56,760. Calvin Co. has one recorded asset, a specialized production machine with a book value of $13,800 and no liabilities. The fair value of the machine is $81,800, 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 $94,600 At the end of the year, Calvin reports the following in its financial statements Revenues 58,200 Machine $12,420 Common st 21,000 Other assets 37,200 $ 5,000 29,780Retained 42,200 Expenses Net income Total assets Total eq Dividends paid 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. Amount Noncontrolling interest in subsidiary income Total noncontrolling interest Calvin's machine (net accumulated depreciation) Process trade secret