Summer Company holds assets with a fair value of $119.000 and a book value of $97,000 and liabilities with a book value and fair value of $24,000 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 prot b. What amount did Parade pay for the shares if the fair value of the noncontrolling interest at acquisition is $52.000 and goodwill of $35.000 is reported? Acquisition price What balance will be assigned to the noncontrolling interest in the consolidated balance sheet if Parade pays $72,000 to acquire its ownership and goodwill of $25,000 is reported? nce assigned to noncontrolling interest