Horton, Inc., owns 90 percent of Juvyn Corporation’s voting stock. The purchase price exceeded book value and fair value by $80,000. Juvyn holds 20 percent of Horton’s voting stock. That purchase price exceeded book value and fair value by $20,000. Any excess price is assigned to copyrights to be amortized over a 20-year period. LO9 During the current year, Horton reported operational income of $160,000 and dividend income from Juvyn of $27,000. At the same time, Juvyn reported operational income of $50,000 and divi¬ dend income from Horton of $14,000.

What is the Noncontrolling Interest in Juvyn’s Net Income under the treasury stock approach?

a. $5,000.

b. $5,400.

c. $6,300.

d. $6,400.