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Prince Company acquired 8 0 % of the voting common stock of Sally Corporation on January 1 , 2 0 2 5 . During 2

Prince Company acquired 80% of the voting common stock of Sally Corporation on January 1,2025. During 2025, Sally had revenues of $2,700,000 and expenses of $2,100,000. The amortization of fair value allocations totaled $65,000 in 2025. Not including its investment in Sally, Prince had its own revenues of $4,800,000 and expenses of $3,600,000 for the year 2025.
The noncontrolling interest's share of the earnings of Sally for 2025 is calculated to be
Multiple Choice
$120,000.
$133,000.
$240,000.
$107,000.
$0.

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