Powers Company owns an 80% interest in Smiley Company and a 90% interest in Toro Company. During 2010 and 2011, intercompany sales of merchandise were made by all three companies. Total sales amounted to $2, 400,000 in 2010, and $2, 700,000 in 2011. The companies sold their merchandise at the following percentages above cost. Powers 15% Smiley 20% Toro 25% The amount of merchandise remaining in the 2011 beginning and ending inventories of the companies from these intercompany sales is shown below. Merchandise Remaining in Beginning Inventory Merchandise Remaining in Ending Inventory Reported net incomes (from independent operations including sales to affiliates) of powers, Smiley, and Toro for 2011 were $3, 600,000, $1, 500,000, and $2, 400,000, respectively. Required: Calculate how the consolidated net income for 2011 will be shared between controlling interest and noncontrolling interest