The following statements of financial position have been prepared at 31 December 20X8. Dickens Jones $ Non-current assets: Property, plant & equipment 85.000 Investment: Shares in Jones 60,000 Current assets 160,000 84,000 18,000 305,000 102,000 Equity: Ordinary $1 shares Share premium Retained earnings 65,000 35,000 70,000 20,000 10,000 25,000 Current liabilities 170,000 135,000 55.000 47,000 305,000 102,000 Dickens acquired 16,000 ordinary S1 shares in Jones on 1 January 20X8. when Jones' retained earnings stood at $20,000 and its share premium was $10.000. On this date, the fair value of the 20% non-controlling shareholding in Jones was $12,500. The Dickens Group uses the fair value method to value the non- controlling interest. Prepare the consolidated statement of financial position of Dickens as at 31 December 20X8. Jack acquired 60% of the ordinary share capital of Daniel on 31 December 20X6 for $240,000. At this date the net assets of Daniel were $360,000 What goodwill arises on the acquisition (0) if the non-controlling interest (NCI) is valued using the proportion of net assets method? (ii) if the NCI is valued using the fair value method and the fair value of the NCI on the acquisition date is $150.000