On January 1, 2021, Pride, Inc. acquired 80% of the outstanding voting common stock of Strong Corp. for $364,000. There is no active market for Strong's stock. Of this payment, $28,000 was allocated to equipment (with a five-year life) that had been undervalued on Strong's books by $35,000. Any remaining excess was attributable to goodwill, which has not been impaired. As of December 31, 2021, before preparing the consolidated worksheet, the financial statements appeared as follows: Revenues Pride, Inc. $ 420,000 (196,000) Strong Corp. $ 280,000 Cost of goods sold Operating expenses (28,000) (112,000) (14,000) Net income $ 196,000 $ 154,000 Retained earnings, 1/1/21 $ 420,000 $ 210,000 Net income (above) 196,000 Dividends paid 0 154,000 0 Retained earnings, 12/31/21 $ 616,000 $ 364,000 Cash and receivables $ 294,000 $ 126,000 Inventory 210,000 Investment in Strong Corp 364,000 Equipment (net) 616,000 154,000 0 420,000 Total assets Liabilities Common stock Retained earnings, 12/31/21 (above) Total liabilities and stockholders' equity $1,484,000 $ 588,000 $ 700,000 $ 196,000 280,000 616,000 140,000 364,000 700,000 $1,484,000 $ During 2021, Pride bought inventory for $112,000 and sold it to Strong for $140,000. Only half of the inventory purchase price had been remitted to Pride by Strong at year-end. As of December 31, 2021, 60% of these goods remained in the company's possession. What is the consolidated total of noncontrolling interest at December 31, 2021? Multiple Choice $100,800. $97,440. $93,800. $120,400. $117,040