Completion Status: 3 5 Moving to another question will save this response. Question 5 Question 5 of 9 1.5 points Save Anover Manama Corp owned a 85% interest in Muscat Co. Muscat frequently made sales of inventory to Manama The sales, which include a markup over cost of 25%, were $460,000 in 2020 and $520,000 in 2021. At the end of each year, Manama still owned 40% of the goods. Net income for Muscat was $932,000 during 2021. Assuming there are no excess amortizations associated with the consolidation, and no other intra-entity asset transfers, what was the net income attributable to the noncontrolling interest for 2021? O $128,040. $151,560. $139,080 $137,550. $139,800. A Moving to another question will save this response. lenovo Question 5 of 9 Manama Corporation owns 80% of Ibra Inc.'s common stock that was purchased at its underlying book value. At the time of purchase, the book value and fair value of Ibra's net assets were equal. The two companies report the following information for 2019 and 2020. During 2019, one company sold inventory to the other company for $50,000 which cost the transferor $40,000. As of the end of 2019, 30% of the inventory was unsold. In 2020, the remaining inventory was resold outside the consolidated entity. 2019 Selected Data: Manama Ibra Sales Revenue $600,000 $320,000 Cost of Goods Sold 320,000 155,000 Other Expenses 100.000 89,000 Net Income $180.000 $76,000 Dividends Paid 19,000 2020 Selected Data: Manama Ibra Sales Revenue $580,000 $445,000 Cost of Goods Sold 300,000 180,000 Other Expenses 130.000 171.000 Net Income $94.000 5,000 Dividends Paid $150.000 16,000 If the intra-entity sale mentioned above was an upstream sale, what will be the reported amount of total consolidated sales revenue for 20207 O $1,900,000 $1,025,000 O $920,000 O $1,950,000 $2,000,000