A company pays $1,850,000 in cash to acquire 70% of the stock of another company. The fair value of the noncontrolling interest at the date of acquisition is $550,000, and the book value of the acquired company is $950,000. There are no revaluations of the acquired companys identifiable net assets. Required: a) How much of the goodwill or bargain is allocated to the controlling interest? b) How much of the goodwill or bargain is allocated to the non-controlling interest?