-Parent Company owns 100% of ABC Company's 100,000 shares. ABC issues 25,000 new shares to the public for $9 cash per share and Parent Co. acquires none of the shares. The book value of ABC's net assets before the stock issuance was 407,000. AAP associated with ABC's net assets, updated for AAP amortization to the date of the stock issuance, was 116,000 prior to the stock issuance.

What is the amount of the gain or loss recorded in Parent's consolidated statements as a result of ABC's stock issuance? (Note: for losses enter a negative sign before the number to indicate it is a loss.)

-Parent Company owns 90% of ABC Company's 100,000 shares. ABC issues 150,000 new shares to the public for $3 cash per share and Parent Co. acquires none of the shares. The Noncontrolling Interest recorded on Parent's consolidated balance sheet just prior to this transaction was 15,000. The value of ABC's net assets recorded on Parent's consolidated balance sheet, updated for AAP amortization to the date of the stock issuance, was 235,000 before the stock issuance. The fair value of Parent's retained investment in ABC was 323,000.

What is the amount of the gain or loss that must be recorded by Parent on the date of the stock issuance? (Note: for losses, enter a negative sign before the number to indicate that it is a loss.)

-Parent Company owns 90% of ABC Company's 100,000 shares. Parent sells 50,000 ABC shares for $13 cash per share. The Noncontrolling Interest recorded on Parent's consolidated balance sheet just prior to this transaction was 80,000. The value of ABC's net assets recorded on Parent's consolidated balance sheet, updated for AAP amortization to the date of the stock issuance, was 776,000 before the stock issuance. The fair value of Parent's retained investment in ABC was 58,000.

What is the amount of the gain or loss that must be recorded by Parent on the date of the sale of ABC stock? (Note: for losses enter a negative sign before the number to indicate it is a loss.)