On 1 July 2012,Han Solo Ltd Acquired 80 Per Cent

Multiple Choice

On 1 July 2012,Han Solo Ltd acquired 80 per cent of the share capital of Chewbacca Ltd for $400 000,which represented the fair value of the consideration paid,when the share capital and reserves of Chewbacca Ltd were:
$$\begin{array} { | l | r | } \hline \text { Share capital } & \$ 300000 \\\hline \text { Revaluation surplus } & \$ 100000 \\\hline \text { Retained earnings } & \underline{\$ 100000} \\\hline &\underline{ \$ 500000 }\\\hline\end{array}$$
All assets of Chewbacca Ltd were recorded at fair value at acquisition date,except for equipment that had a fair value $20 000 greater than its carrying amount.The cost of the equipment was $40 000 and it had accumulated depreciation of $10 000.The tax rate is 30 per cent.
Using the partial goodwill method,what is the amount of fair value adjustment and goodwill,respectively,on 1 July 2012 for non-controlling interests in Chewbacca Ltd?

A) $ 2800; zero
B) $11 200; 22 200
C) $ 2 800; $22 200
D) $11 200; $88 800