33. This exercise consists of two parts. Part 1 Bartholomew Corporation acquired 80 percent of the outstanding shares of Samson cash. The fair value of Samson's identifiable net assets was $5,000,000 on the acquisition date of the acquired firm's net assets approach to measure noncontrolling interest. Samson is a Bartholomew uses the proportionate share separate cash-generating unit (CGU) Company in Year 1 by paying $5.500,000 in Required: recorded upon acquiring Samson Company. due to profitable operations. This amount However, business conditions have recently Compute the amount of noncontrolling interest and goodwill that Bartholomew Corporation Part 2. At the end of Year 2, the book value of the Samson CGU had risen to $6.900 included goodwill assigned to the unit when Bartholomew purchased it the previous year deteriorated. As part of its yearend impairment review, Bartholomew estimates the following information for Samson: Amount at which the shares of Samson could be sold Costs that would be incurred to sell the shares of Samson Present value of future cash flows from continuing to control Samson $6,000,000 s 200,000 $5,750,000 Required: At what amount should Samson's identifiable net assets and goodwill be reported otn end of Year 2? Ass nt should Samson's identifiable net assets and goodwill be reporte Bartholomew's consolidated balance sheet at the charges since the acquisition in Year 1 ume that Bartholomew neither added to Samson's goodwill nor deducted any amounts for ill nor deducted any amounts for impairment Pae 15