REQUIRED A AND B ONLY. Thank you.

prevous answers on chegg are incorrect for this problem. please show work.

The Holtz Corporation acquired 80 percent of the 100.000 outstanding voting shares of Devine, Inc., for $6.60 per share on January 1 2020. The remaining 20 percent of Devine's shares also traded actively at $6.60 per share before and after Holtz's acquisition. An appraisal made on that date determined that all book values appropriately reflected the fair values of Devine's underlying accounts except that a building with a 5-year future life was undervalued by $68.000 and a fully amortized trademark with an estimated 10-year remaining life had a $79,000 fair value. At the acquisition date, Devine reported common stock of $100,000 and a retained earnings balance of $210,000. Following are the separate financial statements for the year ending December 31, 2021: Holtz Devine, Corporation Inc. Sales $(730,000) $(481,250) Cost of goods sold 238.000 161.000 Operating expenses 313,000 134,250 Dividend income (26,000 0 Net Income $ (195,000) $(186,000) Retained earnings, 171/21 $ (770,000) $(280,000) Net income (above) (195.000) (186,000) Dividends declared 60.000 20.000 Retained earnings, 12/31/21 (905, 000) $(446,000) Current assets $ 164,500 5.160,000 Investment in Devine, Ine. 528,000 Buildings and equipment (net) 915,000 484.000 Trademarko 175,000 191.000 Total assets $ 1,782,500 5 835,000 Liabilities (557,500) $ 289,000) Common stock (320,000) (100,000) Retained earnings, 12/31/21 (above) (905,000) (446,000) Total liabilities and equities $(1,782,500) $(835,000) $ 0 $ At year-end, there were no intra-entity receivables or payables. a. Prepare a worksheet to consolidate these two companies as of December 31, 2021 b. Prepare a 2021 consolidated income statement for Holtz and Devine, c. If instead the noncontrolling interest shares of Devine had traded for $4,57 surrounding Holtz's acquisition date, what is the impact on goodwill