Which statement is true?

Question $4$ options:

In the years after acquisition, NCI on the consolidated SFP represents the subsidiary's fair value at acquisition allocated to shareholders other than the parent $($the controlling interest$).$

In the years after acquisition, NCI on the consolidated SFP represents the fair value of the subsidiary's equity that belongs to shareholders other than the parent $($the controlling interest$)$ at that point in time.

When the parent uses the equity method of accounting in its separate entity records, NCI is included in the investment in subsidiary account on the parent's SFP$.$

NCI is only represented on the consolidated$$SFP$.$