ridgemont acquired 90 of the common shares of gourmand on january 1 2009 at a cost of 150750 at that date the equity of gourmand was

The inventory was all sold by December 31, 2009. Depreciable assets have an expected further five-year life, with depreciation being calculated on a straight-line basis. Ridgemont uses the partial goodwill method. On January 1, 2012, Gourmand acquired 25% of the capital of Primo for $3,500. All the identifiable assets and liabilities of Primo were recorded at fair value except for the following: