Petra purchased 80 percent of Sage's stock at the beginning of 2013. At the end of 2013, the following intercompany profits are unconfirmed:
1. Petra sold land to Sage at a gain of $200,000; Sage still holds the land.
2. Sage sold land to Petra at a gain of $300,000; Petra still holds the land.
3. Petra sold inventory to Sage; intercompany profits in Sage's ending inventory total $800,000.
4. Sage sold inventory to Petra; intercompany profits in Petra's ending inventory total $650,000.
Required
Calculate the effect of eliminating these items on consolidated net income to the controlling interest and the noncontrolling interest in net income for 2013.