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Angela, Incorporated, holds a 90 percent interest in Corby Company. During 2023, Corby sold inventory costing $95,900 to Angela for $137,000. Of this inventory, $46,000

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Angela, Incorporated, holds a 90 percent interest in Corby Company. During 2023, Corby sold inventory costing $95,900 to Angela for $137,000. Of this inventory, $46,000 worth was not sold to outsiders until 2024. During 2024, Corby sold inventory costing $128,400 to Angela for $214,000. A total of $55,600 of this inventory was not sold to outsiders until 2025 . In 2024, Angela reported separate net income of $208,000 while Corby's net income was $117,000 after excess amortizations. What is the noncontrolling interest in the 2024 income of the subsidiary? Multiple Choice $10,856 $11,700 $11,412

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