Summer Company holds assets with a fair value of $112,000 and a book value of $97,000 and liabilities with a book value and fair value of $28,000. Required: Compute the following amounts if Parade Corporation acquires 75 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 28,750 and goodwill of $31,000 is reported? Acquisition price c. What balance will be assigned to the noncontrolling interest in the consolidated balance sheet if Parade pays $84,750 to acquire its ownership and goodwill of $29,000 is reported? Balance assigned to noncontrolling interest