West Company acquired 60 percent of Solar Company for $306,000 when Solar’s 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 omitted):

West Company Book Value				Solar Company Book Value				Solar Company Fair Value
Current assets	$	645,000			$	325,000			$	345,000
Trademarks		285,000				225,000				305,000
Patented technology		435,000				175,000				175,000
Liabilities		(415,000	)			(145,000	)			(145,000	)
Revenues		(925,000	)			(425,000	)
Expenses		475,000				325,000
Investment income		Not given

What is the consolidated net income before allocation to the controlling and noncontrolling interests?

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

What is the consolidated trademarks balance?