3. Under entity theory, the noncontrollling interest share is:

a $13,000 b $10,000 c $12,600 d None of the above Use the following information to answer the questions that follow:

Doulo Corporation acquires a 90 percent interest in Dalu Corporation on January 1, 2016, when Dalu’s equity consists of $1,000,000 common stock and $500,000 retained earnings, and the book value of its net assets equals fair value. On December 31, 2016, Doulo Corporation and Subsidiary’s consolidated balance sheet consists of $50,000 goodwill and

$90,000 unamortized patent with a ten-year remaining useful life.