$($c$)$ The same financial assistant has been reading the working papers for the consolidated financial statements of Supreme Plc for previous years. He has noticed that Star has been consolidated as a subsidiary and has expressed the view that this must be because Supreme owns more than $50\%$ of its shares. He has further stated that Spring should be treated as an available$-$for$-$sale financial asset since Supreme is unable to control its operating and financial activities. Assess the observations of your assistant regarding the appropriate method of consolidating Star and Spring. You should refer to the provisions of international financial reporting standards where you consider they will assist your explanation. PART B A PIc purchased $70\%$ of B plc on $1$ July $2019$ for $$28$ million. The value of the net identifiable assets of B PIc at that date was $$38\mathrm{.}5$ million. REQUIRED Calculate the amount of goodwill arising on acquisition of B Plc and the amount of non$-$controlling interests: $($a$)$ If non$-$controlling interests are measured at their proportionate share of identifiable net assets; and $($b$)$ If non$-$controlling interests are measured at fair value.