For business combinations involving less than 100 percent ownership, the acquirer recognizes and measures all of the following at the acquisition date except: multiple choice
a. identifiable assets acquired, at fair value.
b. liabilities assumed, at book value.
c. non-controlling interest, at fair value.
d. goodwill or a gain from bargain purchase.

Mason farms purchased a building for $689,000 eight years ago. six years ago, repairs costing $136,000 were made to the building. the annual taxes on the property are $11,000. the building has a current market value of $840,000 and a current book value of $494,000. the building is totally paid for and solely owned by the firm. if the company decides to use this building for a new project, what value, if any, should be included in the initial cash flow of the project for this building? $0$582,000$840,000$865,000$953,000