Pearl acquires 90% of the voting stock of Spruce on January 1,2024 for $5,000. The fair value of the noncontrolling interest is $550. Spruce's equity is reported at $4,800 at the date of acquisition. Its net assets are reported at amounts approximating fair value, but it has previously unreported identifiable intangible assets (5-year life, straight-line), valued at $1,000. Pearl uses the complete equity method to account for its investment. Spruce reports net income of $300 for 2024 . What is the noncontrolling interest in net income for 2024 ? Select one: a. $10 b. $40 c. $30 d. $20 Select one: a. $380 b. $300 c. $0 d. $1,000