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 a $5-$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.$

Following are the separate financial statements for the year ending December $31,2024$:

At year$-$end, there were no intra$-$entity receivables or payables.

Required:

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

Prepare a $2024$ 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?