On January 1, 2019, Sun, Inc., acquired 80,000 shares representing 80% percent of Moon Company in exchange for $1,000,000 cash. Sun computed annual excess fair-value amortization of $10,000 based on the difference between Moon's total fair value and its underlying net asset fair value. Sun Moon Revenues $200,000 $100,000 80.000 60.000 expenses Equity in Sun earnings moVqvi This video was made wit Screen Recorder 30.000 Net Income 40.000 Dividends Declared Net Income Attributable to controlling Interest is ? a. $150,000 b. $120,000 c. $155.000 d. $144,000 e. $160.000