3. On January 1, 2021, ABC Company purchased some percentage of interest in DEF Company for 250,000 TL. DEF reported net income of 100,000 TL for 2021 and declared and paid a dividend of 10,000 TL. ABC Company accounts for this investment using the equity method. In its December 31, 2021, balance sheet, ABC Company reported 277.000 TL as its investment in DEF Company. What is its percentage of interest in DEF company? a. 30% b. 50% c. 40% d. 20%

4.XYZ Company acquired 100 percent of PRS Companys common stock on December 31, 2021. Balance sheet data for the two companies immediately following the acquisition is as follows:

At the date of the business combination, the book values of PRS Companys net assets and liabilities approximated fair value except for inventory, which had a fair value of 85,000 TL, and land, which had a fair value of 45,000 TL. What amount of goodwill will be reported in the consolidated financial statements? Assume that XYZ Company uses equity method in accounting for PRS Company's acquisition.

for the two companies immediately following the acquisition is as follows