Peters Corporation owns 80 percent of Swan Corporation's voting common stock. In 20X4, Swan sold land with a book value of $100,000 to Peters for $110,000 on June 30,20X4. Assume Peters reported income from its separate operations of $80,000 and Swan reported net income of $50,000 in year 204. What is the amount of consolidated net income assigned to the controlling interest? $130,000 $102,000 $112,000 $120,000