Fanny Corp. owned an 80% interest in Ruben Co. Ruben frequently made sales of inventory to Fanny. The sales, which include a markup over cost of 25%, were $360,000 in 2021 and $480,000 in 2022. At the end of each year, Fanny still owned 40% of the goods.

Net income for Ruben was $800,000 during 2022. 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 2022?

$158.080

S157.600S161,920.

S160.000

5154,000 $157.600 5161,20 5160.000