On January 1, 2009, Black Corporation sold equipment to its 70-percent-owned subsidiary, Levant Company, for $840,000. The equipment originally was purchased at the beginning of 2006 for $1,920,000. Levant continued to depreciate the equipment, with an original five year useful life, on a straight-line basis over its remaining 2-year life. The equipment's residual value is considered negligible. On July 7, 2009, Levant sold idle land to its parent for $260,000. The land's carrying amount on Levant's books was $180,000. During 2010, Black sold the land to an unaffiliated buyer at a $70,000 gain. Black reported income from its separate operations for 2009 and 2010 of $1,400,000 and $1,720,000, respectively. Levant reported net income for 2009 and 2010 of $1,220,000 and $1,140,000, respectively. Required: a. Compute consolidated net income, Income to the non-controlling interest, Income to the controlling interest for 2009 b. Compute consolidated net income, Income to the non-controlling interest, Income to the controlling interest for 2010.