but of Scott Co. acquired 70% of Gregg Co. for $525,000 on December 31, 2020 when Gregg's book value was $580,000. The Gregg stock was not actively traded. On the date of acquisition, Gregg had equipment (with a ten-year life) that was undervalued in the financial records by $180,000. One year later, the two companies provided the selected amounts shown below. Additionally, no dividends have been paid. Scott Co. Gregg Co. Book Book Fair Value Value Value Current assets $912,000 $430,000 $458,000 Equipment 371,000 290,000 470,000 Buildings 584,000 210,000 210,000 Liabilities (564,000) (238,000) (238,000) Revenues (1,320,000) (570,000) Expenses 780,000 440,000 Investment income Not Given What is the noncontrolling interest's share of the subsidiary's net income for the year ended December 31, 2021 and what is the ending balance of the noncontrolling interest in the subsidiary at December 31, 2021? MacBook Air