P&G, Headquartered in Belgium, Acquires 90% of the Voting Stock

P&G, headquartered in Belgium, acquires 90% of the voting stock of Saucy Co. on January 1, 2021 for €18,000 in cash. Saucy's trial balance at the date of acquisition is as follows:
$\begin{array}{|l|r|r|}\hline&\text { Book Value }& \text { Fair Value }\\\text { Assets } & \text { Dr (Cr) } & \text { Dr (Cr) }\\\hline\text { Current asset s } & € 100 & €100 \\\hline \text { Plant \& equipment } & 5,000 & 8,000 \\\hline \text { Patents } & 200 & 2,000 \\\hline \text { Customer order backlog } & 0 & 4,000 \\\hline \text { Trademarks } & 0 & 2,000 \\\hline \text { Current liabilities } & \{200\} & \{200\} \\\hline \text { Long-term liabilities } & \{500\} & \{1,500\} \\\hline \text { Common stock } & \{2,000\} & \\\hline \text { Additional paid-in capital } & \{1,130\} & \\\hline \text { Retained earnings } & \{70\} & \\\hline \text { Accumulated other comprehensive income } & € \quad 0 &\\\hline\end{array}$
As of January 1, 2021, the revaluations have the following estimated lives:
$$\begin{array} { l c } \text { Plant \& equipment } & 20 \text { years, straight-line } \\\text { Patents } & 10 \text { years, straight-line } \\\text { Customer order backlog } & 5 \text { years, straight-line } \\\text { Trademarks } & 10 \text { years, straight-line } \\\text { Goodwill } & \text { Impairment in } 2021 : € 300 \\\text { Long term liabilities } & 5 \text { years, straight -line }\end{array}$$ P&G follows IFRS and uses the alternative method to value goodwill and uses the complete equity method to account for its investment in Saucy on its own books. The separate trial balances of P&G and Saucy at December 31, 2021 appear below:
$$\begin{array} { | l | r | r | } \hline & { \begin{array} { c } \text { P\&G } \\\text { Dr (Cr) }\end{array} } & \begin{array} { c } \text { Saucy } \\\text { Dr (Cr) }\end{array} \\\hline \text { Current assets } & € 6,190 & € \quad 150 \\\hline \text { Plant \& equipment, net } & 260,000 & 7,000 \\\hline \text { Patents } & - & 200 \\\hline \text { Inyestment in Saucy } & 18,231 & \\\hline \text { Current liabilities } & \{ 11,000 \} & \{ 250 \} \\\hline \text { Lo rg term liabilities } & \{ 156,900 \} & \{ 1,500 \} \\\hline \text { Common stock, par } & \{ 4,000 \} & \{ 500 \} \\\hline \text { Additional paidin capital } & \{ 40,000 \} & \{ 2,000 \} \\\hline \text { Retained earnings, beginning } & \{ 70,000 \} & \{ 1,200 \} \\\hline \text { Dividends } & 800 & 100 \\\hline \text { Sales revenue } & \{ 25,000 \} & \{ 10,000 \} \\\hline \text { Equity in net income of Saucy } & \{ 321 \} & - - \\\hline \text { Cost of sales } & 15,000 & 6,000 \\\hline \text { Operating expenses } & 7,000 & \underline { 2,000 } \\\hline \text { Total } & \underline { \underline { €0 } } & \underline { \underline { \underline { €0 } } } \\\hline\end{array}$$ Required
a. Calculate total goodwill for this acquisition, following the IFRS alternative method.
b. Calculate equity in net income of Gillam and the noncontrolling interest in net income for 2021.
c. Prepare a working paper to consolidate the trial balances of P&G and Gillam at December 31, 2021.