on January 1, 2017, Doone Corporation acquired 60 percent of the outstanding voting stock of Rockne Company for $492, consideration. At the acquisition date, the fair value of the 40 percent noncontrolling interest was $328,000 and Rockne's assets and liabilities had a collective net fair value of $820,000. Doone uses the equity method in its internal records to acc in Rockne, Rockne reports net income of $300,000 in 2018. Since being acquired, Rockne has regularly supplied inventory to Doore at 25 percent more than cost. Sales to Doone amounted to $360,000 in 2017 and $460,000 in 2018. Approximately 35 percent of the Inventory purchased during any one year is not used until the following year. a. What is the noncontrolling interest's share of Rockne's 2018 income? b. Prepare Doone's 2018 consolidation entries required by the intra-entity inventory transfers Complete this question by entering your answers in the tabs below. Required A Required B What is the roncontrolling interest's share of Rockne's 2018 income? Noncontrolling interest's share Complete this question by entering your answers in the tabs below. Required A Required B Prepare Doone's 2018 consolidation entries required by the intra-entity inventory transfers. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) view transaction list 1 Prepare entry "G 2 Prepare entry TI 3 Prepare entry G