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 2021. In addition, the subsidiary's income was earned uniformly throughout the year. The subsidiary declared dividends quarterly. Truman Revenues Operating expenses Income of subsidiary Net income Retained earnings, 1/1/21 Net income (above) Dividends declared $ (714,210) $ 420,000 Atlanta (509,000) 363,000 (41,790) 0 $ (336,000) $ (146,000) $ (898,000) $ (583,000) (336,000) (146,000) 145,000 Retained earnings, 12/31/21 $ (1,089,000) $ 60,000 (669,000) Current assets. Investment in Atlanta Land Buildings $ 489,635 841,365 $ 460,000 0 433,000 712,000 236,000 678,000 Total assets Liabilities Common stock Additional paid-in capital Retained earnings, 12/31/21 Total liabilities and stockholders' equity $ 2,476,000 $ 1,374,000 $ (887,000) $ (385,000) (95,000) (405,000) (1,089,000) (300,000) (20,000) (669,000) $(2,476,000) $ (1,374,000) a. What is the excess fair-value assigned to patent and goodwill? b. How did Truman allocate the goodwill from the acquisition across the controlling and noncontrolling interests? c. How did Truman derive the Investment in Atlanta account balance at the end of 2021? d. Prepare a worksheet to consolidate the financial statements of these two companies as of December 31, 2021. At year-end, there were no intra-entity receivables or payables. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D How did Truman allocate the goodwill from the acquisition across the controlling and noncontrolling interests? Goodwill Controlling Noncontrolling Interest Interest < Required A Required C >