On January Brandon Company acquires of Chamber Company for $ in cash consideration. The remaining
percent noncontrolling interest shares had an acquisitiondate estimated fair value of $ Chamber's acquisitiondate total
book value was $
The fair value of Chamber's recorded assets and liabilities equaled their carrying amounts. However, Chamber had two unrecorded
assetsa trademark with an indefinite life and estimated fair value of $ and several customer relationships estimated to be
worth $ with eightyear remaining lives. Any remaining acquisitiondate fair value in the Chamber acquisition was
considered goodwill.
During Chamber reported $ net income and declared and paid dividends totaling $ Also in Bratdon
reported $ net income, but neither declared nor paid dividends.
What amount of noncontrolling interest should appear in the owners' equity section of Brandon's consolidated balance sheet at
December
$
$
$
$
