The following balances were taken from the records of Sheridan Company: Windsor Company purchased 75\% of Sheridan Company's common stock on January 1, 2021 for $901,200. The difference between implied value and [a] Compute the difference between cost(implied) and book value applying: 1. Parent company theory. 2. Economic unit theory. Assuming the economic unit theory: 1. Compute noncontrolling interest in consolidated income for 2023 . 2. Compute noncontrolling interest in net assets on December 31, 2023. 1. Noncontrolling interest in consolidated income $ 2. Noncontrolling interest in net assets $