Pax Company acquired 80% of the outstanding voting stock of Sax Company on January 2, 20x1, for $190,000. Balance sheets for Pax and Sax Companies immediately after the stock acquisitions were as follows:

Pax CompanySax Company

Current assets$110,000$ 60,000

Investment in Sax Company190,000-0-

Property, plant, & equipment350,000140,000

Patents and copyrights25,00070,000

Total assets$675,000$270,000

Current liabilities$ 68,000$ 30,000

Bonds payable-0-20,000

Common stock300,000100,000

Other contributed capital140,00040,000

Retained earnings167,00080,000

Total liab. & stockholders' equity$675,000$270,000

On the consolidated balance sheet, what amount will appear for noncontrolling interest?

a.$38,000

b.$47,500

c.$33,500

d.$44,000