LaFevor Co. acquired 70% of the common stock of Dean Corp. on August 1, 2022. For 2022, Dean reported revenues of $960,000 and expenses of $780,000, all reflected evenly throughout the year. The annual amount of amortization related to this acquisition was $21,000.

1) In consolidation, the total amount of expenses related to Dean, and to LaFevors acquisition of Dean, for 2022 is determined to be

325,000

180,000

546,000

333,750

234,000

2) What is the effect of including Dean in consolidated net income for 2022?

66,250

8,750

159,000

75,000

126,000