Pizza Corporation acquired 75 percent of Slice Corporation's voting common stock on January 1,204, for $354,000, when the fair value of its net identifiable assets was $470,000 and the fair value of the noncontrolling interest was $116,000. Slice reported common stock outstanding of $140,000 and retained earnings of $230,000. The excess of fair value over book value of Slice's net assets was attributed to amortizable assets with a remaining life of 10 years. On December 31,204, Slice sold a building to Pizza ar recorded a gain of $22,000. Income assigned to the noncontrolling shareholders in the 204 consolidated income statement was $17,500. Required: a. Compute the amount of net income Slice reported for 204. b. Compute the amount reported as consolidated net income if Pizza reported operating income of $238,000 for 204. c. Compute the amount of income assigned to the controlling interest in the 204 consolidated income statement