On January 1, year A, Perfict Corporation acquired 80 percent of Straingers Corporation for $275,000 cash. On 1/1/A, S reported common stock outstanding of $220,000 and retained earnings of $90,000, and the fair value of the noncontrolling interest was $xxx (I don't remember). As of 1/1/A S Co. owed P Co. $51,250. S held land with a book value of $70,000 but a market value of $75,000, and equipment with a book value of $45,000 and a market value of $65,000 at the date of combination. Any differential remaining at acquisition was not attributable to a specific asset or liability. All depreciable assets held by S at the date of acquisition had a remaining economic life of 10 years. S reported net income of $40,000 and dividends of $22,000 for year A. P uses the equity method in accounting for its investment in S. P had $320k in Net Income and declared $80k in dividends in year A. Provide the following (workspace is available on the following page): a. P's differential b. total Goodwill (use algebraic method). c. Ps Intercompany Investment Income for year A d. Ps separate income for year A e. Ps balance in Investment in S Corp., 12/31/A f. Total Consolidated Net Income, year A g. Minority Interest in S Income, year A h. P's share of Consolidated Net Income, year A. i. Total Noncontrolling Interest reported on the 12/31/A Consolidated Balance Sheet