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. What amount of goodwill should be attributed to Perch at the date of acquisition? A. $150,000. B. $250,000. C. $0. D. $120,000. E. $170,000. What is the dollar amount of non-controlling interest that should appear in a consolidated balance sheet prepared at the date of acquisition? A. $350,000. B. $300,000. C. $400,000. D. $370,000. E. $0. Apparently, the answer to the first part of the question is D or 120,000. There is a total of 150,000 goodwill and 80% of that amt is attributable to Perch for 120,000. But how do you calculate the 150,000 total goodwill?? The answer to the second part of the question is C or 400,000. But how do you arrive at that answer?? I know the answers, I want to know how to arrive to those answers