1. Assume Major bought 90% of the shares of Minor, so 10% of the shares are held by noncontrolling interests. Minors accountants report 1000 of net income. As part of its accounting for the acquisition, Major determined there needed to be additional expense, beyond that on Minors books, of 50 per year related to the value of equipment at the date of acquisition. The amount of the income that should be allocated to the noncontrolling interest is
   1. Zero
   2. 95
   3. 100
   4. 105
2. As of the date that the parent obtains control, the per-share fair value of any noncontrolling interest is usually:
   1. The same as the per-share price paid by the acquirer
   2. Lower, because the acquirer usually pays a control premium
   3. Higher, because there is a small number of shares available to the public
   4. There is no normal relation between the fair value of the controlling and noncontrolling interests.