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39 (2 points) Femur Co. acquired 80% of the voting common stock of Harbor Corp. on January 1, 2019. During 2019, Harbor had revenues of
39 (2 points) Femur Co. acquired 80% of the voting common stock of Harbor Corp. on January 1, 2019. During 2019, Harbor had revenues of $2,560,000 and expenses of $2,120,000. The amortization of fair value allocations totaled $40,000 in 2019. Not including its investment in Harbor, Femur Co. had its own revenues of $4,500,000 and expenses of $3,000,000 for the year 2019. Compute the noncontrolling interest's share of the earnings of Harbor Corp. for 2019
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