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north Corporation, an 75%-owned subsidiary of South Corporation, sold inventory items to its parent at a $60,000 profit in 2019. South resold one-third of this

north Corporation, an 75%-owned subsidiary of South Corporation, sold inventory items to its parent at a $60,000

profit in 2019. South resold one-third of this inventory to outside entities. North reported net income of $250,000

for 2019. Noncontrolling interest share of consolidated net income that will appear in the income statement for 2019 is

A)$52,500.B)$52,00

C)$33,600.D) $50,000.

A.$52,500

B.$52,00

C.$33,600

D.$50,000

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