A Company acquired 75 percent ownership of B Company on January 1, 20X3, for $133,500. The fair value of the noncontrolling interest was $44,500.

On 1/1/20X3, equipment owned by Service had a fair value of $28,000 more than book value and remaining economic life of seven years.

The acquisition resulted in goodwill of $60,000.

In 20X3, the companies had the following results:

A had a net income of $346,000 (This amount excludes any equity income from Service). A paid dividends of $80,000.

B has a net income of $30,000 and paid dividends of $12,000.

A. What is reported on the Consolidated income statement as Net income attributable to noncontrolling interest?

B. What is reported on the Consolidated balance sheet as the Non-controlling interest at 12/31/20X3?

C. What is reported as dividends on the consolidated statement of retained earnings?