Summer Company holds assets with a fair value of $112,000 and a book value of $100,000 and liabilities with a book value and fair value of $28,000 Required: Compute the following amounts if Parade Corporation acquires 60 percent ownership of Summer a. What amount did Parade pay for the shares if no goodwill and no gain on a bargain purchase are reported? Acquisition price b. What amount did Parade pay for the shares if the fair value of the noncontrolling interest at acquisition is $51,200 and goodwill of $44,000 is reported? Acquisition price c. What balance will be assigned to the noncontrolling interest in the consolidated balance sheet if Parade pays $64,200 to acquire its ownership and goodwill of $23,000 is reported? Balance assigned to noncontrolling interest