Advanced Accounting Question 5 Not yet answered Marked out of 1.50 On January 1, 2020, Par International purchased 80% of Ship Corporation's outstanding shares for $120,000 when the fair value of Ship's net assets were equal to the book values If a consolidated balance sheet was prepared immediately after the business combination, the minority interest equity would be A) $30,000 P Flag question B) $13,500 C) $15,000. D) $16,667 Select one: a. A b. CB d.D Previous page Previous page Next page Next page