The controller of Becon Corporation has just finished preparing a consolidated balance sheet, income statement, and statement of changes in retained earnings for the year ended December 31 . 20X4. Becon owns 60 percent of the stock of Handy Corporation, which it purchased on May 7 . 20X1. You have been provided with the following information:

Consolidated net income for \(20 \mathrm{X} 4\) was \(\$ 243,000\).

Handy Corporation reported net income of \(\$ 70,000\) for \(20 \times 4\).

Becon Corporation paid dividends of \(\$ 25.000\) in \(20 \mathrm{X} 4\).

Handy Corporation paid dividends of \(\$ 15.000\) in 20X4.

Becon issued common stock on April 7, 20X4, for a total of \(\$ 150,000\).

Consolidated wages payable increased by \(\$ 7,000\) in \(20 \times 4\).

Consolidated depreciation expense for the year was \(\$ 21,000\).

Consolidated accounts receivable decreased by \(\$ 32,000\) in \(20 \mathrm{X} 4\).

Bonds payable of Becon with a book value of \(\$ 204,000\) were retired for \(\$ 200.000\) on December 31, 20X4.

Consolidated amortization expense on patents was \(\$ 13,000\) for \(20 \mathrm{X} 4\).

Becon sold land which it had purchased for \(\$ 142,000\) to a nonaffiliate for \(\$ 134,000\) on June 10. \(20 \times 4\).

Consolidated accounts payable decreased by \(\$ 12,000\) during \(20 \times 4\).

Total purchases of equipment by Becon and Handy during \(20 \mathrm{X} 4\) were \(\$ 295,000\).

Consolidated inventory increased by \(\$ 16,000\) during \(20 \mathrm{X} 4\).

There were no intercompany transfers between Becon and Handy in \(20 \mathrm{X} 4\) or prior years, except for the payment of dividends by Handy. Becon uses the indirect method in preparing its cash flow statement.

\section*{Required}

a. What amount of income was assigned to the noncontrolling interest in the consolidated income statement for \(20 \times 4\) ?

b. What amount of dividends was paid to the noncontrolling interest during 20X4?

c. What amount will be reported as net cash provided by operating activities for \(20 \times 4\) ?

d. What amount will be reported as net cash used in investing activities for \(20 \mathrm{X} 4\) ?

e. What amount will be reported as net cash used in financing activities for \(20 \mathrm{X} 4\) ?

f. What was the change in cash balance for the consolidated entity for \(20 \mathrm{X} 4\) ?