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A shareholder purchases 35% non controlling interest in a $80 million company. According to FASB statement no. 160, how would you reflect this on the

A shareholder purchases 35% non controlling interest in a $80 million company. According to FASB statement no. 160, how would you reflect this on the balance sheet?

If he or she sells 8% of the shares, how would this transaction be reflected differently?

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