on July $1,2024$ lotus Inc. requires $60\%$ of Ruby company for $$360,000.$ The remaining $40\%$ of Rubys outstanding shares continue to trade at a collective value $$240,000$ on that date owned by Ruby with a $10$ year remaining life is undervalued by $$80,000$ Ruby has booked Val of net assets at $$480,000$ on January $1,2024$ report the following $2024$ amounts from their own separate operations for revenues Lotus reports $$800,000$ and Ruby reports $$220,000$ for expenses Lotus reports $$450,000$ and Ruby reports $$70,000$ for dividends declared quarterly Lotus reports $$124,000$ and Ruby reports $$30,000,$ assume Rubys revenues expenses occurred uniformly throughout the year on $2024$ consolidated income statement what is the amount of consolidated net income allocated to the controlling interest? a$)391,600$ b$)390,600$ c$)393,60$ d$)392,600$