Anderson Company. a 90% owned subsidiary of Philbin Corporation, transfers inventory to Philbin at a 25% gross profit rate. The following data are available pertaining specifically to Philbin's intra-entity purchases from Anderson. Anderson was acquired on January 1, 2020. 2020 $8,000 2021 2022 $12,000 $15,000 Purchases by Philbin Ending inventory on Philbin's books 1,200 4,000 3,000 Assume the equity method is used. The following data are available pertaining to Anderson's income and dividends. Anderson's net income Dividends paid by Anderson 2020 2021 $70,000 $85,000 10,000 10,000 2022 $94,000 15,000 Assuming there are no excess amortizations associated with the consolidation, and no other intra-entity asset transfers, compute the net income attributable to the noncontrolling interest of Anderson for 2021. Multiple Choice $8,500 O $8.570 O $8,430, O $8.400 o $7.580