Following is the shareholders' equity section of the balance sheet of Scanner Corporation as at December 31, 2019: Scanner Corporation Shareholders' Equity As at December 31, 2019 Preferred shares, $0.25, no-par-value, cumulative, redeemable at $14; 300,000 shares outstanding Common shares, 2,000,000 shares outstanding Retained earnings 4,000,000 6,000,000 800,000 10,800,000 Preferred dividends were not declared or paid during 2018 or 2019. On January 1, 2020, Printer Corporation purchased 70% of the common shares in Scanner for $4,900,000. Printer Corporation purchased none of Scanner's preferred shares. On the date of the purchase, the fair value of all of Scanner's assets and liabilities were exactly equal to their book values: any excess amount paid for the shares was attributable to goodwill. REQUIRED: a) b) Calculate the amount of non-controlling interest on the date of the acquisition of Scanner Corporation by Printer Corporation on January 1, 2020. During 2020, Printer Corporation earned net income of $1,300,000, and Scanner Corporation earned net income of $950,000. Assuming there were no intercompany transactions during the year, calculate the net income attributable to Printer Corporation for the year ended December 31, 2020