Required information On January 1, 20X8, Parsley Corporation acquired 75 percent of Sage Company's voting common stock for $90,0100 cash. At that date, the fair value of the noncontrolling interest was $30,000. Sage's balance sheet at the date of acquisition contained the following balances: Cape Company Balance Sheet January 1, 2903 Cash $ 18, 680 Accounts Payable $ 35,803 Accounts Areceivable 20 820 Notes Payable Land Comon Stock: 109,040 Oudiding and Equipment 165, 830 Additional Paid-In Capital Less: Accumulated Depreciation Astained Earnings Total Assets Total Liabilities and Equity $145,803 At the date of bequialion, the reported book values of Sage's assets and liabilities approximated fair value. Consolidating entries are being made to prepare a consolidated balance sheet Immediately following the business combination. Based on the preceding information, the amount of goodwill reported s: Prey of 10 Next