please answer questions 2 and 3 in a table

Smith, Inc., has the following stockholders' equity accounts as of January 1, 2018: Preferred stock-$100 par, nonvoting and nonparticipating, & cumulative dividend Common stock-$20 par value Retained earnings $ 2.120. 4.120.co 10,120,000 Harled Company purchases all of Smith's common stock on January 1, 2018, for $14,310,000. The preferred stock remains in the hands of outside parties. Any excess acquisition date fair value will be assigned to franchise contracts with a 50-year remaining life. During 2018, Smith reports earning $570,000 in net income and declares 5480,000 in cash dividends. Harled applies the equity method to this Investment a. What is the noncontrolling Interest's share of consolidated net income for this period? b. What is the balance in the Investment in Smith account as of December 31, 2018? c. What consolidation entries are needed for 2018? Complete this question by entering your answers in the tabs below. Reg A and B Reg C What consolidation entries are needed for 2018? (If no entry is required for a transaction/event, select "No journal entry required in the view fransaction list transaction list No Transaction Credit 1 1 Debit 2.120.000 4.120.000 Accounts Preferred stock (Smith) Common stock (Smith) Retained earnings (Smith) Franchises Investment in Smith Noncontrolling interest in Smith 10.120.000 70,000 14,310.000 2.120.000 2 2 Equity income of subsidiary Investment in Smith Investment in Smith Dividends declared Amortization expense Franchises 1.400 1.400