Paste Corporation owns 70 percent of Stick Corporation's voting common stock. On the date of acquisition, Stick's fair value equaled its book value. Paste has $500,000 of separate company net income for 20X2. This does not include any equity income from Stick. Stick has $300,000 of separate company net income. Both companies had a land sale with a $50,000 gain during year 20X2. The gain is included in the amounts starred above. Part A Assume Paste's $50,000 gain is from a sale to an unrelated company. Assume Stick's $50,000 gain was from a sale to Paste. 1. What will be reported as consolidated net income on the 20X2 income statement? 2. What is 20X2 net income attributable to the noncontrolling interest? Part B. Same facts as above other than the land sales. Now: Assume Paste's $50,000 gain is from a sale to Stick. Assume Stick's $50,000 gain was from a sale an unrelated party. 3. What is 20X2 net income attributable to the noncontrolling interest