7. P purchased an 80% interest in S on 12/31/2010 for $100,000. On that date S's inventory had a FV of $30,000 and a BV of $10,000; other assets and liabilities had FV's which approximated their BV's. The book value of S's equity at acquisition was $50,000. Compute the amounts as they would appear in the consolidated balance sheet. S Inventory NCI Goodwill Synergy Acquisition Premium 7. P purchased an 80% interest in S on 12/31/2010 for $100,000. On that date S's inventory had a FV of $30,000 and a BV of $10,000; other assets and liabilities had FV's which approximated their BV's. The book value of S's equity at acquisition was $50,000. Compute the amounts as they would appear in the consolidated balance sheet. S Inventory Goodwill NCI Synergy Acquisition Premium