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QUESTION 10 Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair vate the book value was $1,500,000. The non-controlling

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QUESTION 10 Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair vate the book value was $1,500,000. The non-controlling in of Float's net assets was $1,850,000, and terest shares of Float Corp, are not actively traded. What is the dollar amount of fair value over book value differences attributed to Perch at the date of acquisition? O $120,000. O $370,000. O s280,000. O s350,000. O s150,000

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