excess of the book value of equity On January 1, 2014, Plate Company purchased a 90% interest acquired. The excess relates to the understatement of Set Company the common stock of Set Company for $649,440, an amount $18,900 land holdings. Excerpts from the consolidated retained earnings section of the consolidated statements workpaper for the year ended December 31, 2014, follow Set Company Consolidated Balances 1/1/14 retained earnings 206,200 938,300 Net income from above 143,300 384,100 (49,500) (90,000 Dividends declared 300,000 1,232,400 12/31/14 retained earnings to the balance sheet Set Company's stockholders' equity is composed of common stock and retained earnings only. (a) Your answer is partially correct. Try again. o dong erest that will be reported on the consolidated balance sheet on December 31, 2014. How does the noncontrolling interest differ between equity me places, e.g. 5,125.) cost Total noncontro Iling interest The noncontrolling interest will besame under either of the methods SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT