P 3-8 Corvallis Corporation owns 80% of the stock of Little Harrisburg, Inc. At December 31, 2012, Little Harrisburg had the following summarized balance sheet: LITTLE HARRISBURG, INC. Balance Sheet December 31, 2012 Current assets $100,000 Current liabilities $ 50,000 Long-term debt 150,000 Property, plant, and equipment (net) 400,000 Capital stock 50,000 $500,000 Retained earnings 250,000 $500,000 The earnings of Little Harrisburg, Inc., for 2012 were $50,000 after tax. Required a. What would be the amount of noncontrolling interest on the balance sheet of Corvallis Corporation? b. What would be the noncontrolling interest in share of earnings on the income statement of Corvallis Corporation