peach ltd acquired 70 of the common shares of cherry company on january 1 year 4 on that date cherry had common shares of 600000

Additional Information
• Dividends declared by Cherry each year were equal to 50% of Cherry’s reported profit each year.
• On January 1, Year 4, the carrying amounts of the identifiable net assets of Cherry were equal to fair values.
Required:
Calculate the following:
(a) The amount of dividends declared by Cherry in Year 4
(b) The reported profit of Cherry for Year 5
(c) The amount for non-controlling interest that would appear in the Year 6 consolidated income statement and statement of financial position
(d) The amount of goodwill that would appear on the December 31, Year 6, consolidated statement of financial position