Polymatica PLC acquired 80% of Solutions Ltd for £500,000 on 1 July 2016.

Solutions Ltd’s net assets include property, plant and equipment, inventory and trade receivables with a total book value of £200,000 at the date of acquisition.

Following independent appraisal of the PPE at the acquisition date, it was discovered that these assets had a fair value £100,000 greater than their book value.

Required Calculate the following figures that will be shown in the consolidated statement of financial position for Polymatica PLC at the date of acquisition:

(a) the non-controlling interest

(b) goodwill