Pal Corporation (Pal) obtained control of Sister Ltd. (Sister) by purchasing 60% of Sister's 100,000 issued and outstanding voting common shares. Two years later on January 1, 2023, Pal purchased an additional 12,000 voting common shares. The noncontrolling interest had a carrying amount of $74,000 on January 1, 2023, just prior to the sale. What portion of the noncontrolling interest has been sold to the controlling interest?

A, 22,200

B, 40,000

C, 16,000

D, 12,000