On July 1, 2013, Truman Company acquired a 70 percent interest in Atlanta Company in exchange for consideration of $794,850 in cash and equity securities. The remaining 30 percent of Atlantas shares traded closely near an average price that totaled $340,650 both before and after Trumans acquisition. In reviewing its acquisition, Truman assigned a $134,500 fair value to a patent recently developed by Atlanta, even though it was not recorded within the financial records of the subsidiary. This patent is anticipated to have a remaining life of five years. The following financial information is available for these two companies for 2013. In addition, the subsidiarys income was earned uniformly throughout the year. Subsidiary dividend payments were made quarterly. Truman Atlanta Revenues $ (830,065 ) (467,000 ) Operating expenses 487,000 346,000 Income of subsidiary (32,935 ) Net income $ (376,000 ) (121,000) Retained earnings, 1/1/13 (832,000 ) (584,000) Net income (above) (376,000 ) (121,000 ) Dividends paid 175,000 80,000 Retained earnings, 12/31/13 (1,033,000 )(625,000) Current assets $ 511,215 $ 463,000 Investment in Atlanta 799,785 Land 407,000 269,000 Buildings 730,000 640,000 Total assets $ 2,448,000 1,372,000 Liabilities $ (915,000 ) (427,000) Common stock (95,000) (300,000) Additional paid-in capital (405,000) (20,000) Retained earnings, 12/31/13 (1,033,000) (625,000) Total liabilities and SE (2,448,000) $(1,372,000) a. How did Truman allocate Atlanta's acquisition-date fair value to the various assets acquired and liabilities assumed in the combination? (Input all amounts as positive values.) Consideration transferred by Truman Noncontrolling interest fair value Atlantas acquisition-date total fair value Book value of Atlanta Fair value in excess of book value Excess fair value assigned to: Patent: Goodwill: B. How did Truman allocate the goodwill from the acquisition across the controlling and noncontrolling interests Goodwill: Controlling Interest Non controlling interest C. How did Truman derive the Investment in Atlanta account balance at the end of 2013? Initial value at acquisition date Truman's share of Atlanta's income for half year Dividends 2013 Investment account balance 12/31/13 I would also need to know what NCI in Atlanta's income and how much Noncontrolling interest, 12/31 is? B. Additional Requirements Level of Detail: Show all work