Required information Use the following information to answer questions 14-16 West Company acquired 60 percent of Solar Company for $333,000 when Solar's book value was $433,000. The newly comprised 40 percent noncontrolling interest had an assessed fair value of $222,000. Also at the acquisition date, Solar had a trademark (with a 20-year life) that was undervalued in the financial records by $78,000. Also, patented technology (with a 10-year life) was undervalued by $58,000. Two years later, the following figures are reported by these two companies (stockholders' equity accounts have been omitted): West Company Solar Company Solar Company Book Value 318,000 218,00 168,000 (138,000) (418,000) 318,000 Book Value $ 638,000 278,000 428,000 Fair Value $ 338, 000 Current assets Trademarks Patented technology Liabilities Revenues Expenses Investment income 298,000 168,000 (138,000) (408,000) (918,000) 482,000 Not given Problem 4-14 (LO 4-2) What is the consolidated net income before allocation to the controlling and noncontrolling interests? Multiple Choice $530,180. $436,000 $526,300. $536,000