Pool Industries paid $540,000 to purchase 75% of the outstanding stock of Swimmer Corporation, on December 31, 20X4. Any excess fair value over the identified assets and liabilities is attributed to goodwill. The following year-end intormation was available just before the purchase: Cash Accounts Receivable Inventory Land Plant and equipment-net Pool Book Value $756,000 260,000 480,000 440,000 1,320,000 $3,256,000 Swimmer Book Value $80,000 152,000 100,000 160,000 400,000 $892,000 Swimmer Fair Value $80,000 152,000 120,000 140,000 430,000 $922.000 Accounts Payable $880,000 $22,000 $22,000 Bonds Payable 936,000 200,000 180,000 Capital stock, $10 par value 400,000 Capital stock, $15 par value 450,000 Additional paid-in capital 400,000 160,000 Retained earnings 640,000 60,000 $3,256,000 $892.000 Calculate the amounts for the following accounts that would be reported for the consolidated entity immediately following the purchase on December 31, 20X4 tion 14 What amount of Retained Earnings will be reported? ered Answer: s out of 2.0 ag question on 15 What amount of Non-Controlling Interest will be reported? ered Answer: 5 out of 2.0 og