Plexi Co. and Subsidiary Consolidated Statements Workpaper For the Year Ended December 31, 2012 Work paper (E mination Entries Parent subsidiary Consolidated Plexico. Sesnor Co. Debit credit Balance NC Income Statement Sales S 9,500,000 S 5,500,000 $15,000,000 RS 212,500 S IS 212,500 (1) S Dividend Income IS $15,000,000 Total Revenue 9,712,500 5,500,000 1,600,000 750,000 850,000 Inventory 1/1 Purchases 8,100,000 4,100,000 12,200,000 8,850,000 4950,000 $13,800,000 Available for Sale s 875,000 950,000 S 1.825.000 Inventory 12/31 $11,975,000 Cost of Goods Sold 7,975,000 4,000,000 425,000 290,000 715,000 Selling Expense RS 580,000 S 855,000 Other Expenses 275,000 ES 8980,000 S 4,565,000 Total Expenses $13,545,000 Net/Consolidated Income 1,455,000 140,250 140,250 935,000 212,500 140,250 S 1.314,750 Noncontrolling Interest In Consolidated Inc. 732,500 Net Income to Retained Earnings Demonstrate (below) how is the $140,250 in the NCI column calculated