A parent's ending inventory contains $60,000 in unconfirmed profits on goods purchased from its subsidiary. The subsidiary's ending inventory contains $100,000 in unconfirmed profits on goods purchased from its parent. The parent owns 80% of the subsidiary. By what amount is consolidated income to the noncontrolling interest reduced by the adjustment for unconfirmed profits on ending inventories? Select one: A. $32,000 B. $20,000 C. $ 8,000 O D. $12,000