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Angela, Inc., holds a 90 percent interest in Corby Company. During 2017, Corby sold inventory costing $114,300 to Angela for $127,000. Of this inventory,

 

Angela, Inc., holds a 90 percent interest in Corby Company. During 2017, Corby sold inventory costing $114,300 to Angela for $127,000. Of this inventory, $43,600 worth was not sold to outsiders until 2018. During 2018, Corby sold inventory costing $153,600 to Angela for $192,000. A total of $50,400 of this inventory was not sold to outsiders until 2019. In 2018, Angela reported separate net income of $168,000 while Corby's net income was $102,000 after excess amortizations. What is the noncontrolling interest in the 2018 income of the subsidiary? Multiple Choice $10.380. $9.628. $10.200 S10132.

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