On January $1,2019,$ Uncle Company purchased $80$ percent of Nephew Company's capital stock for $$688,000$ in cash and other assets.

Nephew had a book value of $$842,000,$ and the $20$ percent noncontrolling interest fair value was $$172,000$ on that date. On January $1,$

$2021,$ Nephew had acquired $30$ percent of Uncle for $$394,100.$ Uncle's appropriately adjusted book value as of that date was

$$1,247,000.$

Separate operating income figures $($not including investment income$)$ for these two companies follow. In addition, Uncle declares and

pays $$25,000$ in dividends to shareholders each year and Nephew distributes $$6,000$ annually. Any excess fair$-$value allocations are

amortized over a $10-$year period.

a$.$ Assume that Uncle applies the equity method to account for this investment in Nephew. What is the subsidiary's income recognized

by Uncle in $2021?$

b$.$ What is the net income attributable to the noncontrolling interest for $2021?$

Answer is complete but not entirely correct.