Non-Controlling Interest. On January 1 , 201 5, P Company acquired 80 percent of Steam Company's outstanding common shares in exchange for $4.000 cash. The price paid for the 80 percent ownership interest was proportionately representative of the fair value of all of Steam's shares. At acquisition date, Steam's books showed assets of S8.200 and liabilities ors5.200The recorded assets and liabilities had fair values equal to their individual book values except that a building (10-year remaining life) with book value of $700 had an appraised fair value of $800. Also, at acquisition date Steam possessed unrecorded copyrights (zero book value) with an estimated fair value of $1,000 and a 40-year life. For 2015 P Company reported net income of $15.000 (before recognition of Steam's , and Steam separately reported earnings of $500. During 2015. Steam declared S10 in dividends. 9. At the end of 2015, one year after the acquisition, the consolidated financial statement should show goodwill at a. $890. b. $1,000 c. $720. d. $900. e. None of the above. 10. At the end of 2015, one year after the acquisition, the consolidated financial statement should show the noncontrolling interest at: a. $960. b. $906 c. $891. d. $1,093. e. None of the above