Perch Co. acquired 80% of the common stock of Float Corp for $1,600,000. The fair value of Float's net assets was $1,850,000, and the book value was $1,500,000. The non-controlling interest shares of Float Corp are not actively traded.

1) What is the total amount of goodwill recognized at the date of acquisition?

a) $150,000

b) $250,000

c) $0

d) $120,000

e) $170,000

2. What amount of goodwill should be attributed to the non-controlling interest at the date of acquisition?

a) $0

b) $20,000

c) $30,000

d) $100,000

e) $120,000