43) Based on the information provided, what amount of income tax expense should be assigned to Pappas Company?

A) $72,000

B) $66,000

C) $112,000

D) $62,000

44) Based on the information provided, what amount of income tax expense should be assigned to Sibble?

A) $24,000

B) $35,200

C) $19,200

D) $30,400

45) Based on the information provided, what amount of consolidated net income will be reported for the year 20X9?

A) $168,000

B) $280,000

C) $165,000

D) $250,000

46) Based on the information provided, income to the controlling interest for 20X9 is:

A) $155,370.

B) $56,000.

C) $168,000.

D) $250,000.

The questions are from the test bank and this information is all that they provided. Answers are bolded. Please explain how to get these numbers!!!

Pappas Company owns 85 percent of Sunny Company's stock and 80 percent of Sibble Company's stock. All acquisitions were made at book value. The fair values of noncontrolling interests at the time of acquisition were equal to the proportionate share of the book values of the companies. The companies file a consolidated tax return each year and in 20X9 paid a total tax of $112,000. Each company is involved in a number of intercompany inventory transfers each period. Information on the companies' activities for 20X9 is as follows: 20X9 Reported Operating Income $ 155,000 35,000 60,000 Pappas Company Sunny Company Sibble Company 20X9 Intercompany Profit Not Realized in 20X9 $ 15,000 6,000 12,000 20X8 Intercompany Profit Realized in 20X9 $ 25,000 10,000 28,000 Pappas Company does not record income tax expense on income from subsidiaries because a consolidated tax return is filed. Pappas Company owns 85 percent of Sunny Company's stock and 80 percent of Sibble Company's stock. All acquisitions were made at book value. The fair values of noncontrolling interests at the time of acquisition were equal to the proportionate share of the book values of the companies. The companies file a consolidated tax return each year and in 20X9 paid a total tax of $112,000. Each company is involved in a number of intercompany inventory transfers each period. Information on the companies' activities for 20X9 is as follows: 20X9 Reported Operating Income $ 155,000 35,000 60,000 Pappas Company Sunny Company Sibble Company 20X9 Intercompany Profit Not Realized in 20X9 $ 15,000 6,000 12,000 20X8 Intercompany Profit Realized in 20X9 $ 25,000 10,000 28,000 Pappas Company does not record income tax expense on income from subsidiaries because a consolidated tax return is filed