· Period 1 Balance Sheet (Dec 31, 2022):

• Current Assets: $150,000
• Current Liabilities: $80,000

· Period 2 Balance Sheet (Dec 31, 2023):

• Current Assets: $180,000
• Current Liabilities: $100,000

·Analyze Noncontrolling Interests (NCI): Requirements:

• Review the equity section of the balance sheet for any noncontrolling interests (NCI).
• Discuss the nature of NCI and their impact on consolidated financial statements.
• Explain the accounting treatment for NCI and how it affects equity attribution and earnings per share calculations.