The Holtz Corporation acquired $80$ percent $of$ the $100,000$ outstanding voting shares $of$ Devine, Incorporated, for $$7\mathrm{.}10$ per share $on$ January $1,2023.$ The remaining $20$ percent $of$ Devine's shares also traded actively $at$ $$7\mathrm{.}10$ per share before and after Holtz's acquisition. $An$ appraisal made $on$ that date determined that all book values appropriately reflected the fair values $of$ Devine's underlying accounts except that a building with $a5-$year future life was undervalued $by$ $$50,000$ and a fully amortized trademark with $an$ estimated $10-$year remaining life had $a$ $$80,000$ fair value. $At$ the acquisition date, Devine reported common stock $of$ $$100,000$ and a retained earnings balance $of$ $$292,000$

Required:

Prepare a worksheet $to$ consolidate these two companies $asof$ December $31,2024.$

Prepare $a2024$ consolidated income statement for Holtz and Devine.

$If$ instead the noncontrolling interest shares $of$ Devine had traded for $$5\mathrm{.}22$ surrounding Holtz$s$ acquisition date, what $is$ the impact $on$ goodwill?