Moffatt Ltd holds a 60% interest in Beach Ltd. Beach Ltd sells inventory to Moffatt Ltd during the year for $20 000. The inventory originally cost $14 000. At the end of the year 80% of the inventory is still on hand. The tax rate is 30%. The NCI adjustment required in relation to this transaction includes which of the following?

*a. DR NCI $1344

b. DR NCI share of profit/(loss) $1344

c. DR NCI $1920

d. CR NCI $1344

Explain why answer is A