QUESTION 7 A company has common stock with a total par value of $18,000,000 and fair value of $62,000,000, and 7% preferred stock with a total par value of $6,000,000 and a fair value of $8,000,000. The book value of the company was $85,000,000. Assuming ninety percent (90%) of the company's total common stock and preferred stock is acquired, what amount must be attributed to the noncontrolling interest on the acquirer's books? O $7,000,000 O $15,500,000 O $2,400,000 O $8,500,000