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Parent Co. acquired 80% of the common stock of Sub Corp. for $1,600,000. The fair value of Sub's net assets was $1,850,000, and the book value was $1,500,000. Parent Co. estimate that the non-controlling interest shares of Sub Corp. have a fair value of $380,000. What amount of goodwill should be allocated to the noncontrolling interest at the date of acquisitio
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Parent Co. acquired 80% of the common stock of Sub Corp. for $1,600,000. The fair value of Sub's net...
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