19. Company Pacquired 90% of the shares of Company Son Jan 1, 20X1. On Dec 31, 20X1, the incomplete income statement of P and S is given below. Consolidated Statements P Co. S Co. Income Statement Sales 800,000 Less: COGS -200,000 Less: Dep Exp -50,000 Less: Other Exp -225,000 Income from S Co. Net Income 250,000 -125,000 -10,000 -40,000 What amount of controlling income will be reported in the consolidated income statement? $67,500 $325,000 $392,500 $400,000