Compute the net earnings remaining after removing nonrecurring items. Determine the earnings from the nonconsolidated subsidiary. For the subsidiary that was not consolidated, what amount of income would have been included if this subsidiary had been consolidated? What earnings relate to minority shareholders of a subsidiary that was consolidated? Determine the total tax amount.

Barbie inc income statement ending dec 31 2012

Revenue from sales		980000
Cost of products sold		-510000
Gross profit		470000
Operating expenses:
Selling expenses	110000
General expenses	140000	-250000
Operating income		220000
Equity on earnings of nonconsolidated
subsidiary		60000
Operating income before income taxes		280000
Taxes related to operations		100000
Net income from operations		180000
Extraordinary loss from flood (less
applicable taxes of $50,000)		-120000
Net incomenoncontrolling interest		-40000
net income		20000