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a.com DULSWEUU PUTUJJ 15. In an acquisition where control is achieved, how would the land accounts of the parent and the land accounts of the subsidiary be combined? Parent Book Value Subsidiary Book Value Book Value Fair Value Fair Value Fair Value Cost AS Fair Value Book Value Cost PROBLEMS Remember present their computations used to get to your answer Para el problema 1, 2, 3 haga su cmputo, presente el mismo y seleccione su letra, por favor: 1. In the consolidated income statement of Larry Corporation and its 85% owned Volvel Co. subsidiary, the noncontrolling interest share was reported at $45,000. Assume the book value and fair value of Volvel's net assets were equal at the acquisition date. What amount of net income did Volvel Co. have for the year? a. $38,250 b. $235,000 c. $52,941 d. $300,000