Effect on consolidated net income of acquisition of affiliate's debt from non-affiliate A Parent Company owns 70 percent of its subsidiary. During 2019. the Parent company reports net income by te without any investment income from its subsidiary of 51.275.000 and the Subsidiary reports net income of 1595.000 The Subsidiary had a bond payable outstanding on January 1, 2017 with a carrying value equal to 1935.000 The face amount of this bond is $850.000 The Parent acquired the bond on January 1, 2019 for 1960,500. During 2019, the Parent reported interest income related to the body of 593,500 while the Subsidiary reported interest expense related to the body of 58.400. What is consolidated net income attributable to the controlling interest for the year ended December 31, 20197 517000 31690