28-P Co paid $140,000 for 70% interest in S co. on1/1/ 2019,when S had Capital Stock of $50,000 and Retained Earnings of $100,000. Fair values of net assets were the same as recorded on book values. During 2019, S had income of $20,000, declared dividends of $7,500, On 31/12/2019, the consolidated financial statements will show income for Non controlling interest for 2019 ?

Select one:

a. 12,000

b. 5,250

c. 6,000

d. 14,000