On January 1, 2016, P Company acquired 80% of the outstanding capital stock of S Company for $570,000. At that date, S Company's capital stock was $150,000 and its retained earnings were $450,000. At the acquisition date, S Company's assets had the following values: 

                                            Book value       Fair value 

Inventory                             90,000             165,000 

Plant and equipment       150,000            180,000 

All other assets and liabilities had book values approximately equal to their respective fair values market. The plant and equipment had a remaining useful life of 10 years as of January 1, 2016, and all inventory held at the acquisition date was sold during 2016. S Company earned $180,000 in 2016 and paid dividends in that year of $90,000 .

What is the amount of investment income that P recorded during 2016 and should be eliminated when preparing the consolidated financial statements?

What is the amount of the non-controlling interest in income that would be reported in the consolidated statement of income?

What is the amount of the additional cost of goods sold that would be allocated to the income statement in the consolidation working paper?