PT Palung owns 90 percent of PT Selat's voting shares. On January 1, 20X1, Selat issued bonds at par value of $100,000 to external parties. The bonds mature in five years and pay an annual interest rate of 5 percent. Interest is paid annually on December 31. On January 1, 20X3, Palung purchased 30 percent of Selat's bonds from external parties for $31,335, at market interest rate 4 percent. Selat reported $20,000 of net income for 20X3. What amount of noncontrolling interest in net income should be reported in the December 31,20X3 consolidated financial statements