Diamond Ltd holds 90% ownership equity of Ruby Ltd. Ruby Ltd holds 75% of the ownership equity of Emerald Ltd. Emerald holds 80% of the ownership equity of Sapphire Ltd. During the year the following dividends are paid by the respective companies:

Diamond Ltd $ 200,000

Ruby Ltd $ 110,000

Emerald Ltd $ 80,000

Sapphire Ltd $ 65,000

Diamond - 90% - Ruby - 75% - Emerald - 80% - Sapphire

a)Complete the table below by calculating the NCI direct and indirect interests in Ruby, Emerald, and Sapphire.

b)Calculate the amount of dividend payments that would be shown in the consolidated financial statements.

	NCI Direct	NCI Indirect	Total
Ruby
Emerald
Sapphire