On January 1, 2017, Mace Co. acquired 75% of Lance Co.'s outstanding common stock. On the same date, Lance acquired an 80% interest in Curle Co. Both of these investments were acquired when book value was equal to fair value of identifiable net assets acquired. Both of these investments were accounted using the initial value method. Only Mace declared dividends in any year. Mace declared dividends each year equal to 40% of its separate net income before the calculation of any of its investment income. Separate net income totals for 2017, not including investment income for any company, were as follows: Mace Co. $ 420,000 Lance Co. 224,000 Curle Co. 168,000 Following are the 2018 financial statements for these three companies. Curle made numerous transfers of inventory to Lance since the takeover: $112,000 (2017) and $140,000 (2018). These transfers included the same markup applicable to Curle's outside sales. In each of these years, Lance held 20% of the inventory it bought from Curle and then sold that inventory to outsiders in the following year. An effective income tax rate of 45% was applicable to all companies. Mace Co. Lance Co. Curle Co. Sales $ 1,260,000 $ 840,000 $ 700,000 Cost of goods sold (672,000 ) (448,000 ) (364,000 ) Operating expenses (140,000 ) (112,000 ) (196,000 ) Net income $ 448,000 $ 280,000 $ 140,000 Retained earnings, January 1, 2018 $ 980,000 $ 840,000 $ 420,000 Net income (above) 448,000 280,000 140,000 Dividends declared (179,200 ) 0 0 Retained earnings, December 31, 2018 $ 1,248,800 $ 1,120,000 $ 560,000 Cash assets $ 592,200 $ 525,000 $ 392,000 Investment in Lance Co. 1,037,400 0 0 Investment in Curle Co. 0 488,600 0 Land, buildings, and equipment (net) 1,328,600 1,170,400 728,000 Total assets $ 2,958,200 $ 2,184,000 $ 1,120,000 Liabilities $ 1,009,400 $ 644,000 $ 280,000 Common stock 700,000 420,000 280,000 Retained earnings, December 31, 2018 1,248,800 1,120,000 560,000 Total liabilities and stockholders' equities $ 2,958,200 $ 2,184,000 $ 1,120,000. Determine the net income attributable to the noncontrolling interest in Lace for the year 2018.?