C D ANSWER ALL ITEMS (a) and (b) BELOW. SHOW ALL WORK IN SUPPORT OF YOUR ANSWER. IF YOU DO NOT SHOW WORK IN SUPPORT OF YOUR ANSWER YOU WILL NOT GET FULL CREDIT. 5. On September 1, 2018, Waylon Enterprises Inc. acquired 60% of MUS Co. by paying $600,000 cash. On that date MUS Co. reported a Common Stock account balance of $250,000 and Retained Earnings of $500,000 on the acquisition date. lWaylon's purchase was the best basis for determining the fair value of MUS Co. The total annual amortization as a result of this transaction was determined to be $15,000. MUS Co. realized net income of $156,000 evenly for the year in 2018 and made its normal dividend payment for the year of $52,000 on October 1, 2018. a. What is the non-controlling interest share of MUS Co, net income for 2018? SHOW ALL WORK AND COMPUTATIONS IN SUPPORT OF YOUR ANSWER. Determine the noncontrolling interest in MUS Co. that would be recorded on the balance sheet on December 31, 2018. SHOW ALL WORK IN SUPPORT OF YOUR