Panorama Corporation pays $120,000 for 80% outstanding shares in Scan Company on January 1, 2011 when subsidiary equity consist of $70,000 capital equity and $50,000 retained earnings. Any difference between book value and fair value should be assigned to the patent (useful life 10 years). At December 31, 2011, Scan has dividends of $20,000 and net income of $45,000. The noncontrolling interest balance at the end of 2011 would be: