On December 31, 2020, Bramble Company purchased a controlling interest in Vaughn Company for $1,120,000. The consolidated balance sheet on December 31, 2020 reported noncontrolling interest in Vaughn Company of \$280,000. On the date of acquisition, the stockholders' equity section of Vaughn Company's balance sheet was as follows: (a) Compute the noncontrolling interest percentage on December 31, 2020. Noncontrolling interest % Prepare the investment elimination entry made to prepare a consolidated balance sheet workpaper. Any difference between book value and the value implied by the purchase price relates to subsidiary land. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) eTextbook and Media Assistance Used eTextbook Last saved 3 minutes ago. Attempts: 0 of 2 used Saved work will be auto-submitted on the due date. Autosubmission can take up to 10 minutes