Cass Ltd purchased 80% of the capital of Logic Ltd for $280000 on 1 July 2014. At that date, the equity of Logic Ltd was: At this date, Logic Ltd had not recorded any goodwill, and all identifiable assets and liabilitie The plant has a remaining useful life of 5 years. Half of the inventory on hand at 1 July 2014 was sold by 30 June 2015. Differences between carrying amounts and fair values are recognised on consolidation. The tax rate is 30%. Assume Cass Ltd uses the partial goodwill method. Compute goodwill assigned to Cass Ltd (parent). Select one: A. $56,400 B. $54,400 C. $21,400 D. $35,000 Logic Ltd reported profit of $50,000 for the period 2014-2015. Compute NCI share of profit for the period 2014-2015. Select one: A. $10,000 B. $7,200 C. $8,600 D. $5,800 Compute NCI balance for the period 2014-2015. Select one: A. $7,200 B. $63,600 C. $56,400 D. $65,000 Assume Cass Ltd uses the full goodwill method. Non-controlling interest had a fair value of $65,000 on 1 July 2014. Compute the control premium paid by Cass Ltd. Select one: A. $63,000 B. $20,000 C. $43,000 D. $30,000 Logic Ltd reported profit of $55,000 for the period 2018-2019. Assume all inventory on hand at 1 July 2014 was sold by 30 June 2016. Compute NCI share of profit for the period 2018-2019. Select one: A. $7,200 B. $9,600 C. $5,800 D. $11,000