2. Co. X acquired an 80% interest in Co. Y on January 1, 2020, for $96,000 cash when Co. Y had Capital Stock of $60,000 and Retained Earnings of $40,000. The fair value/book value differential was attributable to equipment with a 10-year (straight line) life, Co. Y suffered a $10,000 net loss In 2020 and paid no dividends. At year-end 2020, Co. Y owed Co. X 516,000 on account Co. X's separate income for 2020 was $150,000, Controlling interest share of consolidated net income for 2020 was a (4 Points) S140.400 5141400 5140,200 O $150.000