QUESTION 3 Dollar Company acquired 90 percent ownership of Coin Company on January 1, 20X7, for $820,000. At that date Service reported common stock outstanding of $200,000 and retained earnings of $450,000 The fair value of the noncontrolling interest was $80,000. This was based on stock trades immediately before and after 1/1/20X7 Coin owned a patent on 1/1/20X7 that was not on its balance sheet. The patent was worth $50,000 and had a 10-year remaining life A. How much goodwill is recognized as a result of this acquisition? B. How much of the goodwill in question A is attributable to the noncontrolling interest