The Holtz Corporation acquired 80 percent of the 100,000 outstanding voting shares of Devine, Inc., for $6.70 per share on January 1, 2017. The remaining 20 percent of Devines shares also traded actively at $6.70 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 $57,000 and a fully amortized trademark with an estimated 10-year remaining life had a $69,000 fair value. At the acquisition date, Devine reported common stock of $100,000 and a retained earnings balance of $224,000.

Following are the separate financial statements for the year ending December 31, 2018:

	Holtz Corporation				Devine, Inc.
Sales	$	(800,000	)		$	(379,500	)
Cost of goods sold		285,000				146,000
Operating expenses		299,000				130,500
Dividend income		(16,000	)			0
Net income	$	(232,000	)		$	(103,000	)
Retained earnings, 1/1/18	$	(777,000	)		$	(294,000	)
Net income (above)		(232,000	)			(103,000	)
Dividends declared		90,000				20,000
Retained earnings, 12/31/18	$	(919,000	)		$	(377,000	)
Current assets	$	238,500			$	177,000
Investment in Devine, Inc		536,000				0
Buildings and equipment (net)		870,000				357,000
Trademarks		137,000				188,000
Total assets	$	1,781,500			$	722,000
Liabilities	$	(542,500	)		$	(245,000	)
Common stock		(320,000	)			(100,000	)
Retained earnings, 12/31/18 (above)		(919,000	)			(377,000	)
Total liabilities and equities	$	(1,781,500	)		$	(722,000	)

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

A. Prepare a worksheet to consolidate these two companies as of December 31, 2018.

B. Prepare a 2018 consolidated income statement for Holtz and Devine.

C. If instead the noncontrolling interest shares of Devine had traded for $4.50 surrounding Holtzs acquisition date, what is the impact on goodwill?

PLEASE SHOW ALL STEPS AS TO HOW YOU GOT EACH NUMBER, EXAMPLES IN THE JOURNAL ENTIRES AS HOW THE NUMBER WAS ABTAINED FROM THE INFORMATION, THANK YOU!