P Corporation paid $140,000 for a 70% interest in s Inc on January 1, 2014, when Shad Capital Stode of $50,000 and Retained Earnings of $100.000 Fair values of net assets were the same as recorded book values Duning 2014, S had income of $40,000, dedared dividends of $15,000. On December 31, 2014, the consolidated financial statements will show income for Non controlling interest for 2014? Select one: a. 12,000 :28,000 C. 40.000 d 10,500