40. Keefe, Inc., a calendar-year corporation, acquires 70% of George Company on September 1, 2010, and an additional 10% on April 1, 2011. Total annual amortization of $6,000 relates to the first acquisition. George reports the following figures for 2011: Revenues $500,000 Expenses 400,000 Retained earnings, 1/1/11 300.000 Dividends paid 50,000 Common stock 200,000 Without regard for this investment, Keefe independently earns $300,000 in net income during 2011. All net income is earned evenly throughout the year. What is the controlling interest in consolidated net income for 2011? A. $373,300. B. $372,850. C. $371,500. D. $376,000. E. $372,805