Required:

$($a$)$ Prepare a consolidated balance sheet at January $1,$ Year $5.$

$\backslash$table$[[$Green Inc.$],[$Consolidated Balance Sheet,$],[$Assets$,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,],[,]]$

$($b$)$ Calculate goodwill and non$-$controlling interest under the identifiable net assets method.

Goodwill

$

Non$-$controlling interest

$On January $1,$ Year $5,$ Green Inc. paid $$213,600$ for $60\%$ of the voting shares of Mansford. Green's balance sheet data on this date just

prior to this acquisition were as follows:

The balance sheet and other related data for Mansford are as follows:

Additional Information:

As at January $1,$ Year $5,$ the estimated useful lives of the building and equipment were $15$ years and $4$ years, respectively, and the

term to maturity was $10$ years for the non$-$current liabilities.

There has been no goodwill impairment since the date of acquisition.

For both companies, the income tax rate is $35\%.$ Deferred income taxes are recognized on the consolidated financial statement

pertaining to the temporary differences arising from the acquisition differential.