The equity accounts of Gina's Corp total $3,000,000. Mickey's Corp purchases 75% of Gina's Corp...
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The equity accounts of Gina's Corp total $3,000,000. Mickey's Corp purchases 75% of Gina's Corp for $2,850,000 on 1/1/X9. The fair values of net assets are equal to book values. What is the amount of goodwill? What is the amount noncontrolling interests?
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