Boulder, Inc., obtained 90 percent of Rock Corporation on January 1, 2016. Annual amortization of $25,700 is applicable on the allocations of Rock's acquisition-date business fair value. On January 1, 2017, Rock acquired 75 percent of Stone Company's voting stock. Excess business fair-value amortization on this second acquisition amounted to $12,600 per year. For 2018, each of the three companies reported the following information accumulated by its separate accounting system. Separate operating income figures do not include any investment or dividend income.

	Separate Operating Income	Dividends Declared
Boulder	$385,300	$140,000
Rock	133,300	24,000
Stone	196,000	39,000

1. What is consolidated net income for 2018?

2. How is 2018 consolidated net income distributed to the controlling and non-controlling interests?