On January 1, 2018. Pomegranate Company acquired 90% of the voting stock of Starfruit Company for $91,700,000 in cash The far value of the moncontrolling interest in Startrut at the date of acquisition was 56,300,000. Starfruits value was $13.000.000 at the date of acquisition. Starfruits assets and abilities were reported on its books at values approximangavalt, except les plant and equipment (10-year life, su grietine) was overvalued by $25,000,000 Startrut Company had previously unreported intole uts, with a matet value of 540.000.000 and 5 year. ofe, straight-line, which were capitalized foP if Pomegranate follows IFRS and uses the alternative method of valuing the noncontrolling interest date of acquisition de no controlling interest in Sintrat appears in the equity section of the consolidated balance sheet in the amount of 57.800.000 $6,300.000 $2.800,000 $1,300,000 On January 1, 2018. Pomegranate Company acquired 90% of the voting stock of Startrut Company for $91,700.000 in Cast. The fair value of the noncontrolling interest in Sartrut at the date of acquisition was 56.300.000 Starfruit's book value was $13,000,000 at the date of acquisition Starfruits assets and liabilities were reported on its books at values approximating far value, except its plant and equipment (10 year life, straight line) was overvalued by $25,000,000 Starfrut Company had previously unreported intangible assets, with a market value of $40,000,000 and 5-year life, straight line, which were capitalized following GAAP if Pomegranate follows IFRS and uses the... Native method of valuing the noncontrolling interest the 2020 noncontrolling interest in comprehensive income of Starfruites $185,000 $300,000 1210,000 $200,000 On January 1, 2018. Pomegranate cu acquired 90% of the voting stock of Starfruit Company for 591,700.000 in cash. The fair value of the noncontroling interest in Starfrut at the date of acquisition was $6,300,000. Starfruit's book value was $13.000.000 at the date of acquisition. Starfruit's assets and abilities were reported on its books at values approximating a value, except its plant and equipment (10-year life, straight-line) was overvalued by $25.000.000. Starfnat Company had previously unreported intangele assets, with a market value of 540.000.000 and 5ytar life, straight-line, which were capitalized following GAAP Now assume Pomegranate paid only $20,000,000 to acquire 90% of Starfruit. The fair value of the noncontrolling interest at the date of acquisition was $2.000.000 At the date of acquisition, consolidation eliminating entry (R) credits the rocontrolling interest in starfruit in the amount of $6,700,000 54.900,000 $2,000,000 $ 700,000 On January 1, 2018, Pomegranate Company acquired 90% of the voting stock of Starfruit Company for $91,700,000 in cash. The far value of the noncontrolling interest in Starfruit at the date acquisition was 56,300,000. Starfruit's book value w 00.000 at the date of acquisition. Starfruit's assets and liabilities were reported on its books at values approximating fair value er its plant and equipment (10-year life, straight-line) was overvalued by $25,000,000. Starfruit Company had previously unreported intang ble assets, with a market value of 540,000,000 and Sy life, straight-line, which were capitalired following GAAP Now assume Pomegranate paid only $20,000,000 to acquire 90% of Starfruit. The fair value of the noncontrolling interest at the date of acquisition was $2,000,000. On the 2020 consolidation working paper, esminiating entry (R) debits goodwill in the amount of 30 $ 11,300,000 353,700,000 $68,000,000 On January 1, 2018. Pomegranate Company acquired 90% of the voting stock of Starfruit Company for $91,700,000 in cash The far value of the moncontrolling interest in Startrut at the date of acquisition was 56,300,000. Starfruits value was $13.000.000 at the date of acquisition. Starfruits assets and abilities were reported on its books at values approximangavalt, except les plant and equipment (10-year life, su grietine) was overvalued by $25,000,000 Startrut Company had previously unreported intole uts, with a matet value of 540.000.000 and 5 year. ofe, straight-line, which were capitalized foP if Pomegranate follows IFRS and uses the alternative method of valuing the noncontrolling interest date of acquisition de no controlling interest in Sintrat appears in the equity section of the consolidated balance sheet in the amount of 57.800.000 $6,300.000 $2.800,000 $1,300,000 On January 1, 2018. Pomegranate Company acquired 90% of the voting stock of Startrut Company for $91,700.000 in Cast. The fair value of the noncontrolling interest in Sartrut at the date of acquisition was 56.300.000 Starfruit's book value was $13,000,000 at the date of acquisition Starfruits assets and liabilities were reported on its books at values approximating far value, except its plant and equipment (10 year life, straight line) was overvalued by $25,000,000 Starfrut Company had previously unreported intangible assets, with a market value of $40,000,000 and 5-year life, straight line, which were capitalized following GAAP if Pomegranate follows IFRS and uses the... Native method of valuing the noncontrolling interest the 2020 noncontrolling interest in comprehensive income of Starfruites $185,000 $300,000 1210,000 $200,000 On January 1, 2018. Pomegranate cu acquired 90% of the voting stock of Starfruit Company for 591,700.000 in cash. The fair value of the noncontroling interest in Starfrut at the date of acquisition was $6,300,000. Starfruit's book value was $13.000.000 at the date of acquisition. Starfruit's assets and abilities were reported on its books at values approximating a value, except its plant and equipment (10-year life, straight-line) was overvalued by $25.000.000. Starfnat Company had previously unreported intangele assets, with a market value of 540.000.000 and 5ytar life, straight-line, which were capitalized following GAAP Now assume Pomegranate paid only $20,000,000 to acquire 90% of Starfruit. The fair value of the noncontrolling interest at the date of acquisition was $2.000.000 At the date of acquisition, consolidation eliminating entry (R) credits the rocontrolling interest in starfruit in the amount of $6,700,000 54.900,000 $2,000,000 $ 700,000 On January 1, 2018, Pomegranate Company acquired 90% of the voting stock of Starfruit Company for $91,700,000 in cash. The far value of the noncontrolling interest in Starfruit at the date acquisition was 56,300,000. Starfruit's book value w 00.000 at the date of acquisition. Starfruit's assets and liabilities were reported on its books at values approximating fair value er its plant and equipment (10-year life, straight-line) was overvalued by $25,000,000. Starfruit Company had previously unreported intang ble assets, with a market value of 540,000,000 and Sy life, straight-line, which were capitalired following GAAP Now assume Pomegranate paid only $20,000,000 to acquire 90% of Starfruit. The fair value of the noncontrolling interest at the date of acquisition was $2,000,000. On the 2020 consolidation working paper, esminiating entry (R) debits goodwill in the amount of 30 $ 11,300,000 353,700,000 $68,000,000