Q3- Parent Company owns 90% of ABC Company's 100,000 shares. ABC issues 150,000 new shares to the public for $1 cash per share and Parent Co. acquires none of the shares. Non- controlling Interest recorded on Parent's consolidated balance sheet just prior to this transaction was 43,000. The value of ABC's net assets recorded on Parent's consolidated balance sheet, updated for AAP amortization to the date of the stock issuance, was 419,000 before the stock issuance. The fair value of Parent's retained investment in ABC was 180,000. What is the amount of the gain or loss that must be recorded by Parent on the date of the stock issuance? (enter a negative sign before the number to indicate a loss) Q5- Parent Company owns 100% of ABC Company's 100,000 shares. ABC issues 25,000 new shares to the public for $3 cash per share and Parent Co. acquires none of the shares. The book value of ABC's net assets before the stock issuance was 300,000. AAP associated with the acquisition of ABC's net assets, updated for AAP amortization to the date of the stock issuance, was 110,000 prior to the stock issuance. What is the amount of the Parent's claim on the net assets of ABC Co. as of the date of the stock issuance