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Kimball Co. owns 80% of the voting common stock of Arlington Corp. During 2016, Arlington had revenues of $4,800,000 and expenses of $3,700,000. The amortization

Kimball Co. owns 80% of the voting common stock of Arlington Corp. During 2016, Arlington had revenues of $4,800,000 and expenses of $3,700,000. The amortization of the acquisition accounting premium totaled $240,000 in 2016. What amount should be reported in the consolidated income statement for income from noncontrolling interests?

Select one:

A. $220,000

B. $192,000

C. $172,000

D. $128,000

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