a company owns 75 of b company and 40 of c company b company owns 40 of c company the following information was assembled at december 31 ye/

Additional Information
A Company purchased its 40% interest in C Company on January 1, Year 4. On that date, the negative acquisition differential of $10,000 on the 40% investment was allocated to equipment with an estimated useful life of 10 years.
A Company purchased its 75% of B Company common shares on January 1, Year 6. On that date, the 100% implied acquisition differential was allocated $40,000 to buildings with an estimated useful life of 20 years, and $53,333 to patents to be amortized over 8 years. The preferred shares of B Company are non-cumulative.
On January 1, Year 7, B Company purchased its 40% interest in C Company for $92,000. The carrying amount of C Company identifiable net assets approximated fair value on this date.
The inventory of B Company contains a profit of $2,400 on merchandise purchased from A Company. The inventory of A Company contains a profit of $3,000 on merchandise purchased from C Company.
On December 31, Year 7, A Company owes $20,000 to C Company and B Company owes $2,000 to A Company.
Both A Company and B Company use the equity method to account for their investments but have made no equity method adjustments in Year 7.
An income tax rate of 40% is used for consolidation purposes.
Required:
(a) Calculate non-controlling interest share of consolidated net income for Year 7.
(b) Prepare a consolidated statement of retained earnings for Year 7.
(c) Prepare a consolidated balance sheet as at December 31, Year 7. Show all calculations.