Player Company acquired 60 percent ownership of Scout Companys voting shares on January 1, 20X2. During 20X5, Player purchased inventory for $22,000 and sold the full amount to Scout Company for $32,000. On December 31, 20X5, Scouts ending inventory included $6,400 of items purchased from Player. Also in 20X5, Scout purchased inventory for $64,000 and sold the units to Player for $94,000. Player included $23,500 of its purchase from Scout in ending inventory on December 31, 20X5. Summary income statement data for the two companies revealed the following: Player Company Scout Company Sales $ 378,800 $ 230,000 Income from Scout 45,700 $ 424,500 $ 230,000 Cost of Goods Sold $ 240,000 $ 111,000 Other Expenses 68,000 32,000 Total Expenses $ (308,000 ) $ (143,000 ) Net Income $ 116,500 $ 87,000

d. What amount of income will be assigned to the controlling interest in the 20X5 consolidated income statement? (Do not round intermediate calculations.)