On January 1, Beckman, Inc., acquires 60 percent of the outstanding stock of Calvin for $51,612. Calvin Co. has one recorded asset, a specialized production machine with a book value of $19,200 and no liabilities. The fair value of the machine is $75,700, 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. Calvins total acquisition date fair value is $86,020.

At the end of the year, Calvin reports the following in its financial statements:

Revenues	$	73,350		Machine	$	17,280		Common stock	$	19,200
Expenses		29,700		Other assets		40,570		Retained earnings		38,650
Net income	$	43,650		Total assets	$	57,850		Total equity	$	57,850
Dividends paid	$	5,000

Determine the amounts that Beckman should report in its year-end consolidated financial statements for noncontrolling interest in subsidiary income, noncontrolling interest, Calvins machine (net of accumulated depreciation), and the process trade secret.

Answer is complete but not entirely correct.

	Amount
Noncontrolling interest in subsidiary income	$15,388selected answer incorrect
Total noncontrolling interest	$47,796selected answer incorrect
Calvin's machine (net accumulated depreciation)	$68,130selected answer correct
Process trade secret	$16,620selected answer incorrect