10. Pigeon Corporation acquired a 60% interest in Home Company on January 1, 2020, for $72,000 cash when Home had Capital Stock of $60,000 and Retained Earnings of $40,000. All excess purchase cost was attributable to equipment with a 10-year (straight-line) life. Home suffered a $10,000 net loss in 2020 and paid no dividends. At year-end 2005, Home owed Pigeon $12,000 on account. Pigeon's separate income for 2020 was $150,000. Consolidated net income for 2020 was $135,800. b. $136,800. $142,800. d. $143,000. a. c