Putter Corporation owns 80 percent of the voting common shares of Sand Corporation. Noncontrolling interest was assigned $24,000 of income in the 20X5 consolidated income statement. Putter Corporation reported consolidated net income of $300,000 for the year ended December 31, 20X5. What is the amount of separate operating income reported by Putter for the year?

Group of answer choices

$180,000

$120,000

$96,000

$204,000