Happy Ltd holds a 79% interest in Valley Ltd. On 1 July 2018 Valley Ltd sold a depreciable non-current asset to Happy Ltd at a profit before tax of $99,000. The remaining useful life of the asset at the date of sale was 9 years and the tax rate is 30%. The impact of the above on the NCI share of profit for the year ended 30 June 2019 is as follows: Show working out