On January 1, 2016, Payne Corp, purchased 70%ofShayne Corp.'s sio par date, the carrying amount of Shayne's net assets was $1,000,000. The fair values of Shayne's identifiable assets and liabilities were the same as their carrying amounts the carrying amount. For the year ended December 31, 2016, Shayne had net income of S150,000 and paid cash dividends totaling $90,000. Excess attributable to plant assets is amortized over 10 years. . common stock for $900,000. On this except for plant assets (net), which were $200,000 in excess of In the December 31, 2016, consolidated balance sheet, non-controlling interest should be reported at