Summer Company holds assets with a fair value of $126,000 and a book value of $97,000 and liabilities with a book value and fair value of $29,000. 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? b. What amount did Parade pay for the shares if the fair value of the noncontrolling interest at acquisition is $53,600 and goodwill of $37,000 is reported