The following is a summary of transactions that took place between Parent company and Subsidiary Company.

• Parent had owned 80% of the common shares of Subsidiary since 20X1.
• In 20X4 Parent sold inventory to subsidiary. The cost of the items sold was $80,000 while the selling price was $110,000. Only 30% of the items were sold to third parties in 20X4. The remainder was sold out by the subsidiary evenly in 20X5 and 20X6.
• Early January 20X5, the subsidiary sold a machine to the parent company at a gain of $25,000.
• Both companies use the straight line method for calculating depreciation.
• Both companies have estimated the remaining useful life for the machine to be 5 years.
• The following table shows the separate income for each company over the last three years:

Year	Parent	Subsidiary
20X4	$450,000	$150,000
20X5	$500,000	$250,000
20X6	$520,000	$270,000

what will the NCI’s share in income for the year 20X4 ?