A U.S. company consolidates a VIE with which it has a contractual relationship, but no equity investment. If the company and the entity were not previously under common control, at the date the company identifies the entity as a VIE that meets the requirements for consolidation, the U.S. companys consolidated balance sheet will report a noncontrolling interest valued at

the VIEs book value.

the VIEs fair value.

zero.

the fair value of the VIEs assets.