Park Company acquired an 80% interest in the common stock of Southdale Company for $1,540,000 on July 1, 2016. Southdale Company's stockholders' equity on that date consisted of: Common stock Other contributed capital Retained earnings $800,000 400,000 330,000 Required: Compute the total noncontrolling interest to be reported in the consolidated balance sheet assuming the: (1) parent company concept. (2) economic unit concept. Τ Τ Τ Arial 3 (12pt) • T. Save All A Click Save and Submit to save and submit. Click Save All Answers to save all answers SAW