pick from multiple choice

A non-controlling interest is a contributor of:

	a.	equity to a consolidated group.
	b.	liabilities to a consolidated group.
	c.	assets to a consolidated group.
	d.	profit to a consolidated group.

Lu Nan Limited acquired 70% of the share capital and reserves of Hui Limited for $36 000. Share capital was $18 000 and reserves amounted to $10 800. All assets and liabilities were recorded at fair value except plant which was recorded at $2 500 below fair value. The company tax rate was 30%. The partial goodwill method is adopted by the group. The amount of goodwill acquired by Lu Nan Limited in this business combination was:

	a.	$8 640.
	b.	$9 165.
	c.	$10 800.
	d.	$14 615.

Fredericks Limited acquired the identifiable assets and liabilities of Nicole Limited for $134 000. The items acquired, stated at fair value, are: plant $72 000; inventories $40 000; accounts receivable $18 000; patents $10 000; accounts payable $16 000. The difference on acquisition is:

	a.	gain on bargain purchase $10 000.
	b.	gain on bargain purchase $16 000.
	c.	goodwill of $10 000.
	d.	goodwill of $124 000.