On January 1, Year 9, P Inc. purchased 60,000 of the common shares of S Corp. for $1,800,000. On the date of acquisition, S's shareholders' equity was as follows: Preferredshares,8%,non-cumulative,callableat$102,1,000sharesoutstandingCommonshares,noparvalue,100,000sharesoutstandingRetainedearningsTotal$100,0001001,823,000,100,100 At the time of acquisition preferred shares had one year of dividends in arrears. Any purchase price discrepancy is allocated to patent with an infinite life. During Year 9,S earned a net income of $500,000 and no dividends were paid out. What is net income attributable to non-controlling interests on the consolidated income statement for the year ended December 31 , Year 9 ? $204,800$196,800$208,000$200,000