4-1024 Remove Background Corrections Color Artistic Transparency Effects Quick Styles Alt Text Arrange Crop 65 Format Pane Format Picture 1. mage 1.jpg On Jamary 1, 2020, Grand Haven. Inc. reports net assets of $160,000 although equipment (with a four-year remaining life) having a book value of $440.000 is worth $500,000 and an unrecorded patent is valued at $45,000. Van Bases Corporation pays $692.000 om that date to acquire an 80 percent equity ownership in Grand Haven. If the patent has a remaining life of nine years, at what amount should the patent be reported on Van Buren's consolidated balance sheet at December 31, 20217 a $28.000 2. $35.000 $36,000 $40.000 On January 1, 2020, Chamberlain Corporation pays $388.000 for a 60 percent ownership in Neville. Ansual excess fair value amortization of $15,000 results from the acquisition. Os December 31, 2021, Neville reports revenues of $400,000 and expenses of $300,000 and Chamberlain reports revenues of $700,000 and expenses of $400,000. The pacest figures costais no income from the subsidiary. What is consolidated net income attributable to Chamberlain Corporation? Shadow Reflection Glow Soft Edges 0,0902.jp Presets Size 3-D Format 3-D Rotation Artistic Effects 0818.jpeg 0819.jpeg Page 1 of 3 $385.000 $351,000 $366,000 $400,000 10 words 2 English (United States) Focus 140%