Computing the noncontrolling interests equity balance Assume the following facts relating to an 75% owned subsidiary company:

BOY stockholders equity $880,000

BOY AAP assets 96,000

Net income of subsidiary (not including [A] asset depreciation and amortization) 200,000

AAP assets depreciation and amortization expense 32,000

Dividends declared and paid by subsidiary 16,000

a. Compute the net income attributable to noncontrolling interests for the year.

$4200

b. Compute the amount reported as noncontrolling equity at the end of the year. ?