Jabba Ltd Acquired a 70 Per Cent Interest in Han

Multiple Choice

Jabba Ltd acquired a 70 per cent interest in Han Ltd on 30 June 2012 for €2 000 000.On the same date,Han Ltd acquired a 60 per cent interest in Leia Ltd for a cash consideration of €1 600 000.The purchase price represents the fair value of consideration transferred for both investments.The following information is available: $$\begin{array} { | l | r | r | } \hline \text { Balances at the date of acquisition: } & \text { Han Ltd } & \text { Leia Ltd } \\\hline \text { Share capital } & 2000000 & 1600000 \\\hline \text { Retained earnings } & \underline { 600000 } & \underline { 800000 } \\\hline & \underline { 2600000 } & \underline { 2400000 } \\\hline \text { Profit for year ended 30 June 2013: } & \\\hline \text { Net profit after tax } & \underline { 200000 } & \underline { 300000 } \\\hline\end{array}$$ No dividends have been declared since acquisition and there were no intragroup transactions during the year. What is the non-controlling interest in Han Ltd and Leai Ltd as at 30 June 2013,respectively using the partial goodwill method (round to the nearest dollar) ?

A) €780 000; €960 000
B) €857 143; €1 066 667
C) €900 000; €1 134 000
D) €977 143; €1 240 667