1.On January 1, 2017, Parent acquired 80% of Sub for a purchase price of 785,000 when the fair value of the noncontrolling interest was 190,000. The book value of Subs stockholders equity on the date of acquisition was 500,000. The excess fair market value over book value is allocated 200,000 to equipment with a remaining useful life of 10 years, and 200,000 to a patent with a remaining useful life of 8 years. What is the acquisition accounting premium (AAP)?

2.On January 1, 2017, Parent acquired 80% of Sub for a purchase price of 785,000 when the fair value of the noncontrolling interest was 190,000. The book value of Subs stockholders equity on the date of acquisition was 500,000. The excess fair market value over book value is allocated 200,000 to equipment with a remaining useful life of 10 years, and 200,000 to a patent with a remaining useful life of 8 years. What is the amount of goodwill that will be allocated to parent?

3.On January 1, 2017, Parent acquired 80% of Sub for a purchase price of 785,000 when the fair value of the noncontrolling interest was 190,000. The book value of Subs stockholders equity on the date of acquisition was 500,000. The excess fair market value over book value is allocated 200,000 to equipment with a remaining useful life of 10 years, and 200,000 to a patent with a remaining useful life of 8 years. What is the increase in depreciation expense assigned to the controlling interest for the year ending December 31, 2017?