Question 2 of 14 Save An Question 2 20 points On July 1, 2021, Travis Company acquired a 70 percent interest in Amber Company in exchange for consideration of $776,300 in cash and equity securities. The remaining 30 percent of Amber's shares traded closely near an average price that totaled $332,700 both before and after Travis's acquisition. In reviewing its acquisition, Travis assigned a $134,000 fair value to a patent recently developed by Amber, 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. Amber had book value of net assets at $829,000 on January 1, 2021. The affiliates report the following 2021 amounts from their own separate operations: Travis Amber Revenues $681,680 $496,000 Expenses 412,000 334,000 Dividends 150,000 50,000 Assume the subsidiary's income was earned uniformly throughout the year. The subsidiary declared dividends quarterly. Answer the following questions: (Do not add dollar sign; do not add comma to your amount; round the answer to the whole number) 1. What is consolidated net income for year 2021? 2. What is consolidated net income attributable to noncontrolling interests? 3. What is consolidated net income attributable to controlling interests?