What would be the amount of Non-Controlling Interest (NCI) appearing on the consolidated balance sheet on the date of acquisition (August 1, 2018) , under the Proprietary Method, assuming that Parent purchased 80% of Sub Inc. for $180,000?
A) $0
B) $36,000
C) $45,000
D) The answer cannot be determined from the information given.
Correct Answer:
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