On Apil 1, Pujols, lnc, exchanges $653,500 foe 70 percent of the outstanding stock of Ramirez Corporation, The remaining 30 percent of the outstanding ghares continued to trade at a colecteve fair value of $230,100. Ramirez's identifable assets and liabilities each had book values that equaled their fair values on Agrit 1 for a net total of $715,000. During the remainder of the year, Ramirez generates revenues of $710.000 and expenses of $453,000 and declared no dividends. On a Docember 31 consolidated balance sheet. what amount should be reported as noncontrolling interest? Matiple Choice $295600 $357170. $301200 frayeas.