Prince Corporation acquired 90 percent of Sunrise Company's outstanding common stock on December 31, 2020, for $1, 152,000. At that date, the fair value of the noncontrolling interest was $128,000, and Sunrise reported common stock outstanding of $450,000, additional paid-in capital of $330,000, and retained earnings of $420,000. The book values and fair values of Sunrise assets and liabilities were equal except for land, which was worth $30,000 more than its book value