Required information West Company acquired 60 percent of Solar Company for $319,500 when Solar's book value was $119,500. 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 10-year life) that was undervalued in the financial records by $71,000. Also, patented technology (with a 5-year life) was undervalued by $51,000. 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 $ 631,000 271,000 421,000 (401,000) (911,000) 489,000 Not given Solar Company B ook Value $ 311,000 211,000 161,000 (131,000) (411,000) 311,000 Solar Company Fair Value $ 331,000 291,000 161,000 (131,000) What is the consolidated trademarks balance? Multiple Choice 0 $538,800 O $553,000 O 0.00 $560,100 $545,900