1 B C E F G H Elternteil Corporation owns 70 percent of Schwester Corporation's common stock and 45 percent of Bruder Corporation's common stock. In addition, Schwester owns 40 percent of Bruder's stock. In 20X6, Elternteil, Schwester, and Bruder reported operating income of $90,000, $60,000, and $40,000 and paid dividends of $45,000, $30,000, and $10,000, respectively. Required: What amount of consolidated net income will Elternteil report for 20X6? Note: Use cell A2 from the given information to complete this question. Elternteil income Schwester income Total consolidated income What amount of income will be assigned to the noncontrolling interest in 20X6 consolidated income statement? 2 3 4 5 a. 6 7 8 9 10 Bruder income 11 12 13 b. 14 15 16 17 18 19 20 21 22 23 24 25 Note: Use cell A2 from the given information to complete this question. Bruder's income Noncontrolling interest percentage Noncontrolling interest's share of Bruder's income Schwester's income Schwester's share of Bruder's income Schwester's total income Noncontrolling interest percentage Noncontrolling interest's share of Schwester's income Total noncontrolling interest income 25 26 C. 27 28 29 30 31 32 33 d. 34 35 36 37 38 What amount of income will be assigned to the controllling interest in the 20X6 income statement? Note: Use cell A2 from the given information to complete this question. Total consolidated income Less: Noncontrolling interest income Income assigned to the controlling interest What amount will be repored as dividends declared in Elternteil's 20X6 consolidated retained earnings statement? Note: Use cell A2 from the given information to complete this question. Dividends declared