On January 3, 20X9, the Jane Company acquired 75 per cent of the outstanding common shares of the Miller Company for cash. The fair value of the non-controlling interest was equal to a pro rata portion of the book value of Miller Company's net assets at the acquisition date. Selected balance sheet data as of December 31, 20X9 are as follows:

	jane	Miller
total assets	$504,000	$216,000
Passive	$144,000	$72,000
Common actions	120,000	60.000
Retained earnings	240.000	84,000
	$504,000	$216,000

 Required

Based on the above information, what amount should be reported as a non-controlling interest in net assets on the consolidated balance sheet as of December 31, 20X9 of Jane Company?

Based on the above information, what amount will the Jane Company report as outstanding common shares on its consolidated balance sheet as of December 31, 20X9?