Question 3 Not yet answered Marked out of 1.50 Flag question On January 1, 2019, R Co acquired 75% of T Co common stock for $344,000 in cash At the acquisition date the book values and fair values of assets and liabilities were equal.and the fair value of the noncontrolling interest was equal to 25% of the total book value of F.The stockholders' equity accounts of the two companies at the acquisition date are: R F 500.000 common stock(5@par 200,000 additional paid in capital 300,000 80,000 retained earning 350.000 150,000 Noncontrolling interest was assimed income of $11.000 in consolidated income statement for 2019 Based on the preceding information, what will be the amount of net income reported by F Co in 20192 Select one: a. 66,000 b. 36,000 c. 55,000 O d. 44,000 Question 4 Not yet answered NIKO ou T 150 P Flag question P Co reported the book value of its net assets at $200,000 when Z Co acquired 100 % ownership.The fair value of P net assets was determined to be $255,000 on that date.what amount of goodwill will be reported in consolidated financial statements presented immediately following the combination if Z paid $330,000 for the acquisition? Select one: a. 20,000 b. O c. 75,000 d. 25,000