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William Company acquires 70 per cent of Bill Company for a cash price of $10,000,000 when the share capital and reserves of Bill Company are:- Share capital $8,000,000 Retained earnings $2,000,000 TOTAL $10,000,000 (a) What amount will be shown in the consolidated statement of financial position for goodwill pursuant to AASB 3 assuming that any non-controlling interest in the acquirer is measured at fair value? [Type Answer Here] (b) What amount will be shown in the consolidated statement of financial position for goodwill pursuant to AASB 3, assuming that any non-controlling interest in the acquirer is measured at the non-controlling interest's proportionate share of the acquiree's identifiable net assets? [Type Answer Here] 7 (c) What are some of the implications of allowing the group to have two options in accounting for goodwill on consolidation