on january 1 year 1 the vine company purchased 60000 of the 80000 ordinary shares of the devine company for 80 per share/

Required:
(a) Show the allocation of the acquisition cost at acquisition and the related amortization schedule. Show and label all calculations.
(b) Prepare a consolidated income statement with expenses classified by function.
(c) Calculate consolidated retained earnings at December 31, Year 5.
(d) Prepare a consolidated statement of financial position for Vine Company at
December 31, Year 5.
(e) Assume that Devine shares were trading at $75 per share shortly before and after the date of acquisition, and that this data was used to value non-controlling interest at the date of acquisition. Calculate goodwill and non-controlling interest at December 31, Year 5.