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41 On January 1, Big Company acquires all of the common stock of Little Company by Issuing 400,000 shares of $1 par value stock with a market value of $12 per share. Little reports earnings of $864,000 and pays dividends of $240,000 in the year of acquisition. The amortization of allocations related to the investment was $48,000. Big's net income, not including the investment, was $6,360,000, and it paid dividends of $400,000. What is the amount of consolidated net income? Multiple Choice O $7,224,000 $6,552,000 $7,176,000 $6,360,000

including the investment, was $6,360,000, and it paid dividends of $400,000 What is the amount of consolidated net income? Multiple Choice 57224000 $6.552,000 5736000 56360,000