were does c* 41,600 come from

Accounts poration Interest $(396,750) $ W (761, 000) 267,000 258,000 (16,000) (252,000) Totals (1,157,750 391,099 398,750 69 D - 1 3,000) 376,800 (28.80) 28,000 of goods sold ating expenses dend income rate company net income olidated net income - attributable to noncontrolling terest attributable to Holtz Corp. Bined earnings, 1/1 income (above) idends declared etained earnings, 12/31 rent assets estment in Devine (5) 362,000 (*C) 41,600 (744,000) (252,000) 80,000 (916,000 294,000 568,000 $(362,000) (158,000) 20,000 (500,000) 161,000 (348, eee) (785,680) (348,000) 80, eee (1,853, 600) 455, eee $ (*C) 41,600 wa (5) 369,600 (A) 240,000 (E) 10,000 (E) 8,800 $ 810,000 164,000 ldings and equipment (net) idemarks odwill Total assets 859 3.0 1,323, eee 4es, eee 188, eee 2,374, eee 1,836,000 824,000 Sa rivulem 4-30 (LU 4-5, 4-0, 4-1) The Holtz Corporation acquired 80 percent of the 100,000 outstanding voting shares of Devine, Inc., for $7.10 per share on January 1, 2017. The remaining 20 percent of Devine's shares also traded actively at $7.10 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, 2018: Holtz Corporation $ (761,000) 267,000 258,000 (16,000) $ (252,000) $ (744,000) Devine, Inc. $(396,750) 124,009 114,750 Sales Cost of goods sold Operating expenses Dividend income Net income Retained earnings, 1/1/18 $(158,000) $(362,000)