Required information West Company acquired 60 percent of Solar Company for $337,500 when Solar's book value was $437,500. The newly comprised 40 percent noncontrolling interest had an assessed fair value of $225,000. Also at the acquisition date, Solar had a trademark (with a 10-year life) that was undervalued in the financial records by $85,000. Also, patented technology (with a 5-year life) was undervalued by $65,000. 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 $ 645,000 285,000 435,000 (415,000) (925,000) 475,000 Not given Solar Company Book Value $ 325,000 225,000 175,000 (145,000) (425,000) 325,000 Solar Company Fair Value $ 345,000 305,000 175,000 (145,000) Assuming Solar Company has declared no dividends, what are the noncontrolling interest's share of the subsidiary's income and the ending balance of the noncontrolling interest in the subsidiary