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Using the given information available prior to deconsolidation, calculate gain or loss on the entity's deconsolidation of a subsidiary. For each item, enter the appropriate amounts in the associated cells. Round all amounts to the nearest whole number. Enter all gains as positive whole numbers, and enter all losses as negative whole numbers. If the amount is zero or no amount is required, enter a zero (0).



A B C D

1

Scenario

Carrying Amount

Fair Value

Gain (Loss)

2 Consideration received

$20,000

$25,000

3 Noncontrolling interest (NCI)

$5,000

$5,000

4 Retained investment

$12,000

$10,000

5 Assets of subsidiary

$4,000

$3,500

6 Liabilities of subsidiary

$1,500

$1,500

7

8 Noncontrolling interest (NCI)

$2,000

$2,250

9 Assets of subsidiary

$4,000

$4,000

10 Liabilities of subsidiary

$8,500

$7,750

11 Consideration received

$6,000

$5,500

12

13 Noncontrolling interest (NCI)

$5,000

$5,250

14 Consideration received

$20,000

$20,000

15 Retained investment

$6,000

$7,000

16 Assets of subsidiary

$12,500

$9,500

17

18 Assets of subsidiary

$40,000

$35,000

19 Liabilities of subsidiary

$15,250

$15,250

20 Consideration received

$54,000

$55,000

21 Retained investment

$7,000

$10,000

22 Goodwill of subsidiary

$8,000

$9,250