Pillow Company is purchasing an 80% interest in the common stock of Sleep Company for $800,000. Sleep’s balance sheet amounts at book and fair value are as follows: Use a valuation analysis schedule...

Pillow Company is purchasing an 80% interest in the common stock of Sleep Company for $800,000. Sleep’s balance sheet amounts at book and fair value are as follows:

Use a valuation analysis schedule to determine what will be the amount of the noncontrolling interest in the consolidated balance sheet and how will it be displayed in the consolidated balance sheet.