On January $1,$ Year $4,$ Hidden Company acquired $25,000$ ordinary shares of Jovano Company for $$144,000$ when the shareholders$$ equity of Jovano was as follows:

Ordinary shares $(100,000$ no par value shares issued and outstanding$)$ $ $200,000$

Retained earnings $327,000$

$ $527,000$

In addition, Hidden purchased $20,000$ shares in Jovano for $$122,280$ on January $1,$ Year $5,$ and $10,000$ shares in Jovano for $$63,360$ on January $1,$ Year $6.$

The following are the statements of retained earnings for Jovano from Year $4$ to Year $6$:

Year $4$ Year $5$ Year $6$

Retained earnings, beginning of year $ $327,000$ $ $360,000$ $ $394,000$

Profit $53,00055,00059,000$

Dividends $(20,000)(21,000)(22,000)$

Retained earnings, end of year $ $360,000$ $ $394,000$ $ $431,000$

Additional Information

Jovano$$s ordinary shares are publicly traded. The market value of the shares at the close on December $31$ of one year was the same as the market value on January $1$ of the next year.

Any acquisition differential is allocated to customer lists with a useful life of three years on each of the three acquisition dates. Neither company has any customer lists recorded on their separate entity records.

There were no unrealized profits from intercompany transactions since the date of acquisition.

Required:

$($a$)$ For each of Years $4$ to $6,$ prepare the journal entries that Hidden would use to account for its investment in Jovano under the $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field. Round intermediate calculations and final answers to nearest dollar amount.$)$

$($i$)$ Cost method

$($ii$)$ Equity method

$($b$)$ Calculate the balance in Hidden$$s investment in Jovano account at the end of Year $4,5,$ and $6$ under the $($Round intermediate calculations and final answers to nearest dollar amount. Omit $ sign in your response.$)$

$($i$)$ Cost method

$($ii$)$ Equity method

Investment in Jovano

Cost Method Equity Method

End of Year $4$ $ $

End of Year $5$ $ $

End of Year $6$ $ $

$($c$)$ At the end of Year $6,$ reconcile the balance in the investment account under the equity method to Jovano$$s shareholders$$ equity and the undepleted acquisition differential. $($Round your answer to nearest dollar amount. Omit $ sign in your response.$)$

Reconciled balance in investment account $

$($d$)$ Calculate the following account balances for the Year $6$ consolidated financial statements: $($Round your answer to nearest dollar amount. Omit $ sign in your response.$)$

$($i$)$ Customer lists $

$($ii$)$ Non$-$controlling interest on the statement of financial position $

$($iii$)$ Consolidated net income attributable to the non$-$controlling interest $