On December 31, 2017, PanTech Company invests $20,000 in SoftPlus, a variable interest entity. In contractual agreements completed on that date, PanTech established itself as the primary beneficiary of SoftPlus. Previously, PanTech had no equity interest in SoftPlus. Immediately after Pan-Tech's investment, SoftPlus presents the following balance sheet:

Each of the above amounts represents an assessed fair value at December 31, 2017, except for the marketing software. Accordingly the December 31 fair value of SoftPlus is assessed at $80,000.
a. If the marketing software was undervalued by $20,000, what amounts for SoftPlus would appear in PanTech's December 31, 2017, consolidated financial statements?
b. If the marketing software was overvalued by $20,000, what amounts for SoftPlus would appear in PanTech's December 31, 2017, consolidated financial statements?

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Cash Marketing software Computer equlpment $20,000 140,000 40,000 $200,000 Long-term debt Noncontrolling Interest PanTech equity Interest Total labilities and equity $120,000 60,000 20,000 $200,000 Total assets