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10 Water Co. acquired 60% stake of Milk Co. for $170,000 cash. Milk Co. net assets fair value is $150,000. Milk Co. net assets book

10 Water Co. acquired 60% stake of Milk Co. for $170,000 cash. Milk Co. net assets fair value is $150,000. Milk Co. net assets book value is $100.000. Milk Co. net loss is $1.500 during the year. Milk Co. paid $15,000 cash dividends to its shareholders. Required: Calculate the NCI equity. Important note Show all calculations Use the editor to format your answer 3 Points

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