Ajax Corporation purchased at book value $70$ percent of Beta Corporation's ownership and $90$ percent of Cole Corporation's ownership in $20\backslash$times $5.$ At the dates the ownership was acquired, the fair value of the noncontrolling interest was equal to a proportionate share of book value. There are frequent intercompany transfers among the companies. Activity relevant to $208$ follows: intercorporate investments$),$ Beta reported net income of $$50,500,$ and from its separate operations $($excluding income from

Required:

Note: Do not round to be reported as consolidated net income