On January $1,$ Beckman, Incorporated, acquires $60$ percent of the outstanding stock of Calvin for $$47,220.$ Calvin Company has one recorded asset, a specialized production machine with a book value of $$16,000$ and no liabilities. The fair value of the machine is $$68,500,$ and the remaining useful life is estimated to be $10$ years. Any remaining excess fair value is attributable to an unrecorded process trade secret with an estimated future life of $4$ years. Calvin$$s total acquisition date fair value is $$78,700.$

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

Revenues $ $65,250$ Machine $ $14,400$ Common stock $ $16,000$

Expenses $30,150$ Other assets $31,700$ Retained earnings $30,100$

Net income $ $35,100$ Total assets $ $46,100$ Total equity $ $46,100$

Dividends paid $ $5,000$

Required:

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.

$1.$ Noncontrolling interest in subsidiary income

$2.$ Total Noncontrolling interest

$3.$ Calvin's Machine $($net accumulated depreciation$)$

$4.$ Process trade secret