Kingbird Company acquired an $80\%$ interest in the common stock of Carla Vista Company for $$1,542,300$ on July $1,2022.$ Carla Vista

Company's stockholders' equity on that date consisted of:

Compute the total noncontrolling interest to be reported in the consolidated balance sheet assuming the:

$(1)$ parent company coricept.

$(2)$ economic unit concept.

Total Noncontrolling Interest

$(1)$ Parent company concept

$2$

Economicunit concert