On December 31, 2017, PanTech Company invests $30,000 in SoftPlus, a variable interest entity In contractual agreements completed on that date, PanTech established itself as the primary beneficiary of SoftPlus Previously, PanTech had no equity interest in SoftPlus Immediately after PanTechs investment, SoftPlus presents the following balance sheet Cash $ 30,000 Long term debt $ 180,000 Marketing software 210,000 Noncontrolling interest 90,000 Computer equipment 60,000 PanTech equity interest 30,000 Total assets $ 300,000 Total liabilities and equity $ 300,000 Each of the above amounts represents an assessed fair value at December 31, 2017, except for the marketing software Accordingly the December 31 fair value of SoftPlus is assessed at $120,000 If the marketing software was undervalued by $30,000, what amounts for SoftPlus would appear in PanTech's December 31, 2017, consolidated financial statements If the marketing software was overvalued by $30,000, what amounts for SoftPlus would appear in PanTech's December 31, 2017, consolidated financial statements

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On December 31, 2017, PanTech Company invests $30,000 in SoftPlus, a variable interest entity. In contractual agreements completed on that date, PanTech established itself as

On December 31, 2017, PanTech Company invests $30,000 in SoftPlus, a variable interest entity. In contractual agreements completed on that date, PanTech established itself as the primary beneficiary of SoftPlus. Previously, PanTech had no equity interest in SoftPlus. Immediately after PanTechs investment, SoftPlus presents the following balance sheet:


Cash	$	30,000	Long-term debt	$	180,000
Marketing software		210,000	Noncontrolling interest		90,000
Computer equipment		60,000	PanTech equity interest		30,000
Total assets	$	300,000	Total liabilities and equity	$	300,000

Each of the above amounts represents an assessed fair value at December 31, 2017, except for the marketing software.

Accordingly the December 31 fair value of SoftPlus is assessed at $120,000.

If the marketing software was undervalued by $30,000, what amounts for SoftPlus would appear in PanTech's December 31, 2017, consolidated financial statements?
If the marketing software was overvalued by $30,000, what amounts for SoftPlus would appear in PanTech's December 31, 2017, consolidated financial statements?