A parent's beginning inventory contains $10,000 in unconfirmed profits on goods purchased from its subsidiary. The subsidiary's beginning inventory contains $8,000 in unconfirmed profits on goods purchased from its parent. The parent owns 80% of the subsidiary.

By what amount is consolidated net income to the controlling interest increased by confirmation of profits on beginning inventories?

A.$11,600

B.$14,400

C.$18,000

D.$16,000