14. Head owns 80% of Shoulders. Head reports Dividends of $300,000. Shoulders reports Net Income of $500,000 and Dividends of $100,000. a. How much is consolidated dividends b. How much dividends were paid by Shoulders to Head c. Prepare worksheet letter D to eliminate intercompany dividends Dr. S Cr. d. How much dividends go to the noncontrolling interest shareholders? e Are the dividends paid to the NCI shareholders an increase or reduction to NCI in stockholders equity