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Alonzo Co . acquired 6 0 % of Beazley Corp. by paying $ 2 4 0 , 0 0 0 cash. There is no active

Alonzo Co

.

acquired

60 %

of Beazley Corp. by paying $

240, 000

cash. There is no active trading market for Beazley Corp. At the time of the acquisition, the book value of Beazley's net assets was $

300, 000 .

What amount should have been assigned to the noncontrolling interest immediately after the combination?

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