On January 1, 20X8, Potter Corporation acquired 90 percent of Shoemaker Company’s voting stock, at underlying book value. The fair value of the noncontrolling interest was equal to 10 percent of the book value of Shoemaker at that date. Potter uses the fully adjusted equity method in accounting for its ownership of Shoemaker. On December 31, 20X9, the trial balances of the two companies are as follows:

	Potter Company							Shoemaker Corporation
		Debit			Credit				Debit			Credit
Current Assets	$	200,000						$	140,000
Depreciable Assets		350,000							250,000
Investment in Shoemaker Corp.		162,000
Depreciation Expense		27,000							10,000
Other Expenses		95,000							60,000
Dividends Declared		20,000							10,000
Accumulated Depreciation				$	118,000						$	80,000
Current Liabilities					100,000							80,000
Long-Term Debt					100,000							50,000
Common Stock					100,000							50,000
Retained Earnings					150,000							100,000
Sales					250,000							110,000
Income from Subsidiary					36,000
	$	854,000		$	854,000			$	470,000		$	470,000

TB MC Qu. 03-22 Based on the preceding information, what...

Based on the preceding information, what amount would be reported as noncontrolling interest in the consolidated balance sheet at December 31, 20X9?