Roan Corporation holds assets with a fair value of $150,000 and a book value of $125,000 and

Question:

Roan Corporation holds assets with a fair value of $150,000 and a book value of $125,000 and liabilities with a book value and fair value of $50,000. What balance will be assigned to the no controlling interest in the consolidated balance sheet if Helms Company pays $90,000 to acquire 75 percent ownership in Roan and goodwill of $20,000 is reported?

$50,000

$30,000

$40,000

$20,000

Goodwill
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