The Holtz Corporation acquired 80 percent of the 100,000 outstanding voting shares of Devine, Inc., for $7.70 per share on January 1, 2017. The remaining 20 percent of Devines shares also traded actively at $7.70 per share before and after Holtzs acquisition. An appraisal made on that date determined that all book values appropriately reflected the fair values of Devines underlying accounts except that a building with a 5-year future life was undervalued by $81,000 and a fully amortized trademark with an estimated 10-year remaining life had a $75,000 fair value. At the acquisition date, Devine reported common stock of $100,000 and a retained earnings balance of $290,000. Following are the separate financial statements for the year ending December 31, 2018: Holtz Corporation Devine, Inc. Sales $ (760,000 ) $ (365,250 ) Cost of goods sold 234,000 133,000 Operating expenses 319,000 107,250 Dividend income (16,000 ) 0 Net income $ (223,000 ) $ (125,000 ) Retained earnings, 1/1/18 $ (709,000 ) $ (360,000 ) Net income (above) (223,000 ) (125,000 ) Dividends declared 90,000 20,000 Retained earnings, 12/31/18 $ (842,000 ) $ (465,000 ) Current assets $ 166,000 $ 199,000 Investment in Devine, Inc 616,000 0 Buildings and equipment (net) 905,000 389,000 Trademarks 160,000 226,000 Total assets $ 1,847,000 $ 814,000 Liabilities $ (685,000 ) $ (249,000 ) Common stock (320,000 ) (100,000 ) Retained earnings, 12/31/18 (above) (842,000 ) (465,000 ) Total liabilities and equities $ (1,847,000 ) $ (814,000 ) At year-end, there were no intra-entity receivables or payables. Prepare a worksheet to consolidate these two companies as of December 31, 2018. Prepare a 2018 consolidated income statement for Holtz and Devine. If instead the noncontrolling interest shares of Devine had traded for $5.46 surrounding Holtzs acquisition date, what is the impact on goodwill?