MC Qu$.05-77$ On January $1,$ Year $6,...$

On January $1,$ Year $6,$ AB inc, purchased $80$ percent of the common shares of CD Corp, for $$1,400,000.$ On the date of acquisition, CD$\text{'}$s shareholders' equity was as follows:

Common shares $$600,000$

Retained earnings $$608,000$

Any acquisition differential was allocated to goodwill. During Year $6,$ CD earned a net income of $$400,000$ and paid dividends of $$300,000.$ On December $31,$ Year $6.$ a goodwill impairment loss of $$30,000$ was recorded.

What is consolidated net income attributable to the non$-$controlling interest on the consolicated income statement for the year ended December $3$t$.$ Year $6?$

Multiple Choice

$$74,000$

$$80,000$