Parent and its 80% owned Subsidiary report the following at December 31 of the current year: Parent Subsidiary Net Income 100 , 000 80, 000 Dividends 20, 000 10, 000 Land 500, 000 300, 000 On June 1, of the current year, Subsidiary sold land to Parent reporting a gain on sale of P10,000. The gain is included in the net income reported by the Subsidiary. Determine the non-controlling interest net income. 8,000 10,000 16,000 14,000