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On January 1, 2020 High Ltd. Purchased 70% of the shares of Low Ltd for $2,100,000 and on the same day, Low Ltd. purchased 65%

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On January 1, 2020 High Ltd. Purchased 70% of the shares of Low Ltd for $2,100,000 and on the same day, Low Ltd. purchased 65% of the shares of Middle Ltd for $1,950,000 Any fair value increment decrement was fully allocated to land. At January 1, 2020 High Ltd Low Ltd Middle Ltd. Shares $ 5,000,000 $ 4.200.000 $ 500,000 Retained Earings 10,000,000 3,500 000 1,750,000 $ 15,000,000 $ 7.700.000 $ 2.250.000 Net Income (cost basis) Dividends paid $ 2,500,000 350.000 $ 1.000.000 200.000 800,000 100,000 There were no intercompany transactions Instructions Enter all numbers without dollar signs. Round numbers to the nearest whole dollar do not enter any decimals in your number. Use commas properly If the amount is zero, enter 0, do not leave any answers blank. For example, a properly formatted number is 125,250 Numbers incorrectly formatted with not result in any marks Based on the consolidated statement of High Ltd at December 31, 2020, under the entity method determine the following The non-controlling interest in Middle Ltd. The non-controlling interest in Middle Ltd. A The non-controlling interest in Low Ltd A/ The total non-controlling interest

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