Angela, Inc., holds a 90 percent interest in Corby Company. During 2020, Corby sold inventory costing $124,950 to Angela for $147,000. Of this inventory, $45,000 worth was not sold to outsiders until 2021. During 2021, Corby sold inventory costing $96,000 to Angela for $128,000. A total of $59,000 of this inventory was not sold to outsiders until 2022. In 2021, Angela reported separate net income of $175,000 while Corby's net income was $112,500 after excess amortizations. What is the noncontrolling interest in the 2021 income of the subsidiary? Multiple Choice $10,450. $11,250. $12,650. $11,040.

Angela, Inc., holds a 90 percent interest in Corby Company. During 2020 , Corby sold inventory costing $124,950 to Angela for $147,000. Of this inventory, $45,000 worth was not sold to outsiders until 2021. During 2021, Corby sold inventory costing $96,000 to Angela for $128,000. A total of $59,000 of this inventory was not sold to outsiders until 2022. In 2021, Angela reported separate net income of $175,000 while Corby's net income was $112,500 after excess amortizations. What is the noncontroling interest in the 2021 income of the subsidiary? Multiple Choice $10.450. $11,250 $12,650 $11,040