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370 CHAPTER 10 E 10-5 [Preferred stock) Parent owns both common and preferred sck of The stockholder's equity of Dhocereye Corporation on December 31, 2016,
370 CHAPTER 10 E 10-5 [Preferred stock) Parent owns both common and preferred sck of The stockholder's equity of Dhocereye Corporation on December 31, 2016, was as follows ck of subsidiary as follows (in thousands $1.000 10% preferred stock. S100 par, cumulative, nonparticipacing, with one year's dividends in arrears Common stock, S10 par Other paid-in capital Retained earnings Total stockholders' equity 2.000 250 850 $4,100 On January 1, 2017, Roditeli Corporation acquired 60 percent of Dhocerneye's preferred stock for $500 percent of its common stock for $3,000,000. In 2017, Dhocerneye reported net income of $500.000 and of $150,000 in 2016. ock for $500.000 m2 500.000 and paid over REQUIRED: Calculate the following: 1. The value of preferred stock from Roditeli's investment in Dhocerneye 2. Goodwill from Roditeli's acquisition 3. Roditeli's income from Dhoceryene for 2017, both common and preferred 4. Total noncontrolling interest in Dhoceryene that will appear on Roditeli and Subsidiary's balance shell December 31, 2017
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