Smith, Inc., has the following stockholders' equity accounts as of January 1,2021 : Haried Company purchases all of Smith's common stock on January 1, 2021, for $14,190,000. The preferred stock remains in th of outside parties. Any excess acquisition-date fair value will be assigned to franchise contracts with a 40-year remaining life. During 2021, Smith reports earning $520,000 in net income and declares $430,000 in cash dividends. Haried applies the equ method to this investment. a. What is the noncontrolling interest's share of consolidated net income for this period? b. What is the balance in the Investment in Smith account as of December 31, 2021? c. What consolidation entries are needed for 2021 ? Complete this question by entering your answers in the tabs below. a. What is the noncontrolling interest's share of consolidated net income for this period? b. What is the balance in the Investment in Smith account as of December 31,2021? Complete this question by entering your answers in the tabs below. What consolidation entries are needed for 2021? (If no entry is required for a transaction/event, select "No journal entry first account field.) Consolidation Worksheet Entries 4 Prepare a combined entry for Consolidation Entries S and A. Note: Enter debits before credits. Consolidation Worksheet Entries Prepare Consolidation Entry I for the income accrual. Note: Enter debits before credits. What consolidation entries are needed for 2021? (If no entry is required for a transaction/event, select "No journal entry requir first account field.) Consolidation Worksheet Entries Prepare Consolidation Entry D for the dividends declared. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. What consolidation entries are needed for 2021? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Consolidation Worksheet Entries