West Company acquired 60 percent of Solar Company for $306,000 when Solars book value was $406,000 The newly comprised 40 percent noncontrolling interest had an assessed fair value of $204,000 Also at the acquisition date, Solar had a trademark (with a 10 year life) that was undervalued in the financial records by $62,000 Also, patented technology (with a 5 year life) was undervalued by $42,000 Two years later, the following figures are reported by these two companies (stockholders equity accounts have been omi West Company Book Value Solar Company Book Value Solar Company Fair Value Current assets $ 622,000 $ 302,000 $ 322,000 Trademarks 262,000 202,000 282,000 Patented technology 412,000 152,000 152,000 Liabilities (392,000 ) (122,000 ) (122,000 ) Revenues (902,000 ) (402,000 ) Expenses 498,000 302,000 Investment income Not given Assuming Solar Company has declared no dividends, what are the noncontrolling interests share of the subsidiarys income and the ending balance of the noncontrolling interest in the subsidiary

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West Company acquired 60 percent of Solar Company for $306,000 when Solars book value was $406,000. The newly comprised 40 percent noncontrolling interest had an

West Company acquired 60 percent of Solar Company for $306,000 when Solars book value was $406,000. The newly comprised 40 percent noncontrolling interest had an assessed fair value of $204,000. Also at the acquisition date, Solar had a trademark (with a 10-year life) that was undervalued in the financial records by $62,000. Also, patented technology (with a 5-year life) was undervalued by $42,000. Two years later, the following figures are reported by these two companies (stockholders equity accounts have been omi

	West Company Book Value			Solar Company Book Value			Solar Company Fair Value
Current assets	$	622,000		$	302,000		$	322,000
Trademarks		262,000			202,000			282,000
Patented technology		412,000			152,000			152,000
Liabilities		(392,000	)		(122,000	)		(122,000	)
Revenues		(902,000	)		(402,000	)
Expenses		498,000			302,000
Investment income		Not given

Assuming Solar Company has declared no dividends, what are the noncontrolling interests share of the subsidiarys income and the ending balance of the noncontrolling interest in the subsidiary?