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Kenny Ltd holds a 60% interest in Swan Ltd, Kenny Ltd sells inventory to Swan Ltd during the year for $20 000. The inventories originally

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Kenny Ltd holds a 60% interest in Swan Ltd, Kenny Ltd sells inventory to Swan Ltd during the year for $20 000. The inventories originally cost Kenny Ltd $16 000 when purchased from an external party. At the end of the year 50% of the inventories are still on hand. The tax rate is 30%. The NCI adjustment required in relation to this intragroup transaction is a debit to NCI of Select one: a $560 O b. Nil V c$1120 d. $1400 Need in 20 to 3o mins please

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