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

Exercise 44

On April 1, Pujols, Inc., exchanges $430,000 fair-value consideration for 70 percent of the outstanding stock of Ramirez Corporation.The remaining 30 percent of the outstanding shares continued to trade at a collective fair value of $165,000.Ramirez's identifiable assets and liabilities each had book values that equaled their fair values on April 1 for a net total of $500,000.During the remainder of the year, Ramirez generates revenues of $600,000 and expenses of $360,000 and paid no dividends.On a December 31 consolidated balance sheet, what amount should be reported as noncontrolling interest a.$219,000.
B)$237,000.
C)$234,000.
D)$250,500.