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Please show work. Thanks. 6) Perch Co. acquired 80% of the common stock of Float Corp. for SI 600,000. The fair value of Float's net

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6) Perch Co. acquired 80% of the common stock of Float Corp. for SI 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 Wh at is the dollar amount of non-controlling interest that should appear in a consolidated balance sheet prepared at the date of acquisition? A) $400,000. B) So C) $350,000 D) $370,000. E) $300,000

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