1, Norek Corp. owned 70% of the voting common stock of Thelma Co January 2, 2017, Thelma sold a parcel of land to Norek. The land had a book va of $32,000 and w 2017 was $119,000. What is the non-controlling interest's share of Thelma's net income? . On lue as sold to Norek for $45,000. Thelma's reported net income for