2. Campbell Inc. owned all of Gordon Corp. For 2018, Campbell reported net income (without consideration of its investment in Gordon) of $280,000 while the subsidiary reported $112,000. There are no excess amortizations associated with this consolidation. The subsidiary had bonds payable outstanding on January 1, 2018, with a book value of $297,000. The parent acquired the bonds on that date for $281,000. During 2018, Campbell reported interest income of $31,000 while Gordon reported interest expense of $29,000. What is consolidated net income for 2018? A) $378,000 B) $406,000. C) $394,000 D) $374,000 E) $410,000 000,000; a