If Big Bertha's Birds Purchases a Family Owned Canary Breeding

Multiple Choice

If Big Bertha's Birds purchases a family owned canary breeding farm for $150,000 and the family retained 12.21%, what is the minority interest that is put on the balance sheet?

A) $21,581
B) $18,315
C) $150,000
D) $131,685
E) $12,210