for $27,950,000 in cash. The noncontrolling interest had an estimated fair value of $8,050,000. Some of Silicon's assets and liabilities at the date of acquisition had fair values that were different from reported values, as follows: Property, net (10 years, straight- line) Identifiable Book Value Fair Value $ 2,000,000 5,000,000 intangibles (indefinite life) 0 10,000,000 Silicon's total stockholders' equity at January 1, Year 1 was as follows: Capital stock $ 2,000,000 Retained earnings 1,800,000 Accumulated other comprehensive income 200,000 $ Total 4,000,000