3. Income Allocation (5 points) Assume the following facts relating to an 80% owned subsidiary company: BOY Stockholders' Equity BOY unamortized AAP Net income of subsidiary (not including AAP amortization) AAP amortization expense Dividends declared and paid to noncontrolling shareholders $1,000,000 125,000 210,000 40,000 10,000 a. What is the net income attributable to noncontrolling interests for the year? b. What is the amount reported as noncontrolling equity at the end of the year