On January 1, 2016, Precision Company Acquired 75% of Shure

On January 1, 2016, Precision Company acquired 75% of Shure Company's voting stock for $192,000 in cash. Shure's book value at January 1, 2016 was $128,000, and the fair value of the 25% noncontrolling interest was $56,000. The excess of the fair value of Shure over its book value was attributed entirely to goodwill.
It is now December 31, 2020 (5 years later). Cumulative goodwill impairment to the beginning of 2020 is $3,200. Goodwill impairment for 2020 is $2,000. Shure sells merchandise to Precision at a markup of 30% on cost. Precision's beginning inventory for 2020 contains $18,200 in merchandise purchased from Shure. Precision's ending inventory contains $20,800 in merchandise purchased from Shure. Total 2020 retail sales from Shure to Precision are $96,000. Precision uses the complete equity method to account for its investment. December 31, 2020 trial balances for Precision and Shure appear in the consolidation working paper below.
Required
a. Compute acquisition-date goodwill and its allocation to the parent and to the noncontrolling interest.
b. Calculate equity in net income and the noncontrolling interest in net income for 2020.
c. Fill in the eliminating entries to consolidate the trial balances of the two companies at December 31, 2020, using the consolidation working paper below. Clearly label your entries (C), (I), (E), (R), (O), and (N).