On January $1,2024,$ Pasture Company acquires $80\%$ of Spring Company for $$1,866,080$ in cash consideration. The remaining $20$ percent noncontrolling interest shares had an acquisition$-$date estimated fair value of $$466,520.$ Spring$$s acquisition$-$date total book value was $$1,853,000.$ The fair value of Spring$$s recorded assets and liabilities equaled their carrying amounts. However, Spring had two unrecorded assets$$a trademark with an indefinite life and estimated fair value of $$267,050$ and licensing agreements estimated to be worth $$196,200$ with four$-$year remaining lives. Any remaining acquisition$-$date fair value in the Spring acquisition was considered goodwill. During $2024,$ Spring reported $$187,480$ net income and declared and paid dividends totaling $$54,500.$ Also in $2024,$ Pasture reported $$381,500$ net income, but neither declared nor paid dividends. Required: What amount should Pasture assign to the $20$ percent noncontrolling interest of Spring at the acquisition date? How much of $2024$ consolidated net income should be allocated to the noncontrolling interest? What amount of $2024$ dividends should be allocated to the noncontrolling interest? What amount of noncontrolling interest should appear in the owners$$ equity section of Pasture$$s consolidated balance sheet at December $31,2024?$ On January $1,2024,$ Pasture Company acquires $\backslash (80\backslash \%\backslash )$ of Spring Company for $\backslash (\backslash$$ $1,866,080\backslash )$ in cash consideration. The remaining $20$ percent noncontrolling interest shares had an acquisition$-$date estimated fair value of $\backslash (\backslash$$ $466\mathrm{.}520\backslash ).$ Spring's acquisition$-$date total book value was $\backslash (\backslash$$ $1,853,000\backslash ).$

The fair value of Spring's recorded assets and liabilities equaled their carrying amounts. However, Spring had two unrecorded assetsa trademark with an indefinite life and estimated fair value of $\backslash (\backslash$$ $267,050\backslash )$ and licensing agreements estimated to be worth $\backslash (\backslash$$ $196,200\backslash )$ with four$-$year remaining lives. Any remaining acquisition$-$date fair value in the Spring acquisition was considered goodwill.

During $2024,$ Spring reported $\backslash (\backslash$$ $187,480\backslash )$ net income and declared and paid dividends totaling $\backslash (\backslash$$ $54,500\backslash ).$ Also in $2024,$ Pasture reported $\backslash (\backslash$$ $381,500\backslash )$ net income, but neither declared nor paid dividends.

Required:

a$.$ What amount should Pasture assign to the $20$ percent noncontrolling interest of Spring at the acquisition date?

b$.$ How much of $2024$ consolidated net income should be allocated to the noncontrolling interest?

c$.$ What amount of $2024$ dividends should be allocated to the noncontrolling interest?

d$.$ What amount of noncontrolling interest should appear in the owners' equity section of Pasture's consolidated balance sheet at December $31,2024?$

c$.$ Dividend allocation to noncontrolling interest

d$.$ Noncontrolling interest in Spring