Please Fill out the table below with the correct answer. This is literally my fourth time posting the same question I was given wrong answers during the last three time I posted this question. Can I please have a real expert answer this question correctly Please

On July 1, 2018, Truman Company acquired a 70 percent interest in Atlanta Company in exchange for consideration of $764,050 in cash and equity securities. The remaining 30 percent of Atlantas shares traded closely near an average price that totaled $327,450 both before and after Trumans acquisition.

In reviewing its acquisition, Truman assigned a $108,000 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 2018. In addition, the subsidiarys income was earned uniformly throughout the year. The subsidiary declared dividends quarterly.

	Truman				Atlanta
Revenues	$	(693,510	)		$	(445,000	)
Operating expenses		421,000				322,000
Income of subsidiary		(35,490	)			0
Net income	$	(308,000	)		$	(123,000	)
Retained earnings, 1/1/18	$	(849,000	)		$	(567,000	)
Net income (above)		(308,000	)			(123,000	)
Dividends declared		160,000				90,000
Retained earnings, 12/31/18	$	(997,000	)		$	(600,000	)
Current assets	$	411,960			$	408,000
Investment in Atlanta		768,040				0
Land		470,000				246,000
Buildings		726,000				633,000
Total assets	$	2,376,000			$	1,287,000
Liabilities	$	(879,000	)		$	(367,000	)
Common stock		(95,000	)			(300,000	)
Additional paid-in capital		(405,000	)			(20,000	)
Retained earnings, 12/31/18		(997,000	)			(600,000	)
Total liabilities and stockholders' equity	$	(2,376,000	)		$	(1,287,000	)

How did Truman allocate Atlantas acquisition-date fair value to the various assets acquired and liabilities assumed in the combination?

How did Truman allocate the goodwill from the acquisition across the controlling and noncontrolling interests?

How did Truman derive the Investment in Atlanta account balance at the end of 2018?

Prepare a worksheet to consolidate the financial statements of these two companies as of December 31, 2018. At year-end, there were no intra-entity receivables or payables.

Required A Required B Required CRequired D Prepare a worksheet to consolidate the financial statements of these two companies as of December 31, 2018. At year-end, there were no intra- entity receivables or payables. (For accounts where multiple consolidation entries are required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Similarly, combine all credit entries into one amount and enter this amount in the credit column of the worksheet. Amounts in the Debit and Credit columns should be entered as positive. Negative amounts for the Noncontrolling Interest and Consolidated Totals columns should be entered with a minus sign.) Show less TRUMAN COMPANY AND SUBSIDIARY ATLANTA COMPANY Consolidation Worksheet For Year Ending December 31, 2018 Truman Atlanta Consolidation Entries Noncontrolling Interest Consolidated Totals $ 1,138,510 ompan ompan Debit Credit $ (693,510) (445,000) 322,000 Revenues Operating expenses Net income of subsidiary Separate company net income Consolidated net income Net income attributable to NCI Net income attributable to Truman 421,000 10,800 753,800 (35,490) 35,490 $ (308,000) (123,000) 18.450 $ 1,910,760 $ 1,910,760 Retained earnings, 1/1 Net income Dividends declared Retained earnings 12/31 $ (849,000) S (567,000) (123,000) 90,000 $ (997,000) S (600,000) (366,260) (304,760) 160,000 $ (511,020) (308,000) 160,000 Current assets $ 819,960 $ 411,960 768,040 470,000 726,000 408,000 Investment in Atlanta 716,000 1,359,000 246,000 Buildings Patent Goodwil Total assets Liabilities Common stock Additional paid in capital Retained earnings 12/31 Noncontrolling interest 7/1 Noncontrolling interest 12 Total liabilities and equity 633,000 97,200 $ 2,376,000 1,287,000 $ (879,000) S (367,000) (300,000) (20,000) (600,000) 80,000 $ 3,072,160 (1,246,000) (95,000) (405,000) (993,760) (332,400) (332,400) $ (3,404,560) (95,000) (405,000) (997,000) /31 1.287000) 46,290 S