P Corporation owns 75 percent of S1 Corporations common stock and 35 percent of S2 Corporations common stock. In addition, S1 owns 30 percent of S2 stock. In 20X9, P, S1, and S2 reported operating income of $100,000, $75,000, and $50,000 and paid dividends of $40,000, $30,000, and $20,000, respectively.

What amount of consolidated net income will P report for 20X9?

What amount of income will be assigned to the noncontrolling interest in the 20X9 consolidated income statement?

What amount of income will be assigned to the controlling interest in the 20X9 income statement?

What amount will be reported as dividends declared in Ps 20X9 consolidated retained earnings statement?