The Holtz Corporation acquired 80 percent of the 100,000 outstanding voting shares of Devine, Inc., for $6.20 per share on January 1, 2020. The remaining 20 percent of Devine's shares also traded actively at $6.20 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 $51,000 and a fully amortized trademark with an estimated 10-year remaining life had a $87,000 fair value. At the acquisition date, Devine reported common stock of $100,000 and a retained earnings balance of $147,000. Following are the separate financial statements for the year ending December 31, 2021: Sales Cost of goods sold Operating expenses Dividend income Holtz Corporation $ (774,000) 247,000 304,000 (16,000) $ (239,000) Devine, Inc. $ (315,500) 122,000 100,500 Net income $ (93,000) $ Retained earnings, 1/1/21 Net income (above) Dividends declared (721,000) (239,000) 50,000 (910,000) $ (217,000) (93,000) 20,000 $ (290,000) $ 149,000 $ Retained earnings, 12/31/21 Current assets Investment in Devine, Inc. Buildings and equipment (net) Trademarks $ 386,000 496,000 805,000 163,000 $ 1,850,000 $ (620,000) (320,000) (910,000) $ (1,850,000) 320,000 203,000 672,000 Total assets Liabilities Common stock Retained earnings, 12/31/21 (above) Total liabilities and equities $ (282,000) (100,000) (290,000) $ (672,000) At year-end, there were no intra-entity receivables or payables. a. Prepare a worksheet to consolidate these two companies as of December 31, 2021. b. Prepare a 2021 consolidated income statement for Holtz and Devine. c. If instead the noncontrolling interest shares of Devine had traded for $3.85 surrounding Holtz's acquisition date, what is the impact on goodwill? Complete this question by entering your answers in the tabs below. Required A Required B Required C