P Corporation acquired a 60% Interest in Corporation on January 1, 2011, at book value ngunit for value. During 2011, Paold merchandise that com $225.000 15 to 315.000. One third of merchandise remained in Sinventory at December 31, 2011. S reported net income of $200,000 for 2011. Pe income from for 2011 is O A 360,000 OB. $120.000