Pat Corporation is the primary beneficiary in a VIE, even though Pat owns only 10 percent of

Question:

Pat is the primary beneficiary in a VIE, even though Pat owns only 10 percent of the outstanding voting shares. In the year following the initial consolidation, the VIE earns net income of $1,000,000. Included in income is a fee paid by Pat for $80,000. What amount of noncontrolling interest share will appear in the ?

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