Gargiulo Company, a 90% owned subsidiary of Posito Corporation, sells inventory to Posito at a 25% profit on selling price. The following data are available pertaining to intra-entity purchases. Gargiulo was acquired on January 1, 2012. Assume the equity method is used. The following data are available pertaining to Gargiulo's income and dividends.

2012 2013 2014

Purchases by Posito $8,000 $12,000 $15,000

Ending inventory on Posito's books $1,200 $4,000 $3,000

Gargiulo's net income $70,000 $85,000 $94,000

Dividends paid by Gargiulo $10,000 $10,000 $15,000

Compute the non-controlling interest in Gargiulo's net income for 2014.