Required information Use the following information to answer questions 14-16 West Company acquired 60 percent of Solar Company for $319,500 when Solar's book value was $419,500. The newly comprised 40 percent noncontrolling interest had an assessed fair value of $213,000. Also at the acquisition date, Solar had a trademark (with a 20-year life) that was undervalued in the financial records by $73,000. Also, patented technology (with a 10-year life) was undervalued by $53,000. Two years later, the following figures are reported by these two companies (stockholders' equity accounts have been omitted): Current assets Trademarks Patented technology Liabilities Revenues Expenses Investment income West Company Book Value $ 633,000 273,000 423,000 (403,000) (913,000) 487,000 Not given Solar Company Book Value $ 313.000 213,000 163.000 (133,000) (413.000) 313,000 Solar Company Fair Value $333,000 293,000 163,000 (133,000) Problem 4-14 (LO 4-2) What is the consolidated net income before allocation to the controlling and noncontrolling interests? Multiple Choice 55170so. 5426,000. 5626,000 5520,6