Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

تمرين 65

On January 1, Tesco Company spent a total of $4,384,000 to acquire control over Blondel Company.This price was based on paying $424,000 for 20 percent of Blondel's preferred stock and $3,960,000 for 90 percent of its outstanding common stock.At the acquisition date, the fair value of the 10 percent noncontrolling interest in Blondel's common stock was $440,000.The fair value of the 80 percent of Blondel's preferred shares not owned by Tesco was $1,696,000.Blondel's stockholders' equity accounts at January 1 were as follows: Tesco believes that all of Blondel's accounts approximate their fair values within the company's financial statements.What amount of consolidated goodwill should be recognized
a.$300,000.
b.$316,000.
c.$364,000.
d.$520,000.