The Holtz Corporation acquired 80 percent of the 100,000 outstanding voting shares of Devine, Inc., for $7.30 per share on January 1, 2020. The remaining 20 percent of Devines shares also traded actively at $7.30 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 $64,500 and a fully amortized trademark with an estimated 10-year remaining life had a $84,000 fair value. At the acquisition date, Devine reported common stock of $100,000 and a retained earnings balance of $333,500. Following are the separate financial statements for the year ending December 31, 2021: Holtz Corporation Devine, Inc. Sales $ (674,000 ) $ (340,250 ) Cost of goods sold 233,000 166,000 Operating expenses 275,000 83,250 Dividend income (16,000 ) 0 Net income $ (182,000 ) $ (91,000 ) Retained earnings, 1/1/21 $ (783,000 ) $ (403,500 ) Net income (above) (182,000 ) (91,000 ) Dividends declared 70,000 20,000 Retained earnings, 12/31/21 $ (895,000 ) $ (474,500 ) Current assets $ 301,000 $ 196,500 Investment in Devine, Inc. 584,000 0 Buildings and equipment (net) 825,000 423,000 Trademarks 115,000 181,000 Total assets $ 1,825,000 $ 800,500 Liabilities $ (610,000 ) $ (226,000 ) Common stock (320,000 ) (100,000 ) Retained earnings, 12/31/21 (above) (895,000 ) (474,500 ) Total liabilities and equities $ (1,825,000 ) $ (800,500 ) At year-end, there were no intra-entity receivables or payables. Prepare a worksheet to consolidate these two companies as of December 31, 2021. Prepare a 2021 consolidated income statement for Holtz and Devine. If instead the noncontrolling interest shares of Devine had traded for $5.82 surrounding Holtzs acquisition date, what is the impact on goodwill?