Paul Inc. Inc. purchased 70% of the outstanding voting shares of Saul Inc. for $140,000 on January 1, 2022. On that date, Saul inc. had common shares and retained earnings worth $40,000 and $80,000, respectively. The fair value differences in Saul's assets and liabilities were as follows: The equipment had a remaining useful life of 5 years from the date of acquisition. Saul's patent is estimated to have a remaining life of 8 years from the date of acquisition. Saul's bonds mature on January 1, 2032. The inventory was sold in the month following the acquisition. Both companies use straight line amortization, and no salvage value is assumed for assets. Paul inc. and Saul inc. each declared and paid $40,000 and $30,000 in dividends, respectively during the year. Paul inc. uses the fair value enterprise method to account for its investment in subsidiaries. The following are the income statements for both companies for the fiscal year ended December 31, 2022: Required: 1. Prepare a calculation of the goodwill on the date of acquisition and an amortization schedule of the acquisition differential for 2022. (14 marks) 2. Prepare a calculation of the consolidated net income attributable to the shareholders of the parent and the NCl shareholders for 2022. (6 marks)