Advance Accounting BrainMass Expert explains

On December 31, 2011, PanTech company Invests 20,000 in SoftPlus, a variable interest intity. In contractual agreements completed on that date, PanTech Established itself as the primary beneficiary of Softplus. Previously, PanTech had no interest in softPlus. Immediately after PanTech's investment, Softplus presents the following balance sheet:

Cash 20,000 Long term debt 120,000
Marketing software 140,000 Noncontrolling int. 60,000
Computer equipment 40,000 PanTech equity int. 20,000
Total assets 200,000 Total liabilities 200,000 and equity

Each of the above amounts represents an assessed fair market value at December 31, 2011, except for the marketing software.

A: If the marketing software was undervalued by 20,000, what amounts for SoftPlus would appear in PanTech's December 31, 2011, consolidated financial statements?

B: If the marketing software was overvalued by 20,000, what amounts for SoftPlus would appear in PanTech's December 31, 2011, consolidated financial statements?