Q1)

Boulder, Inc., obtained 90 percent of Rock Corporation on January 1, 2016. Annual amortization of $22,000 is applicable on the allocations of Rocks acquisition-date business fair value. On January 1, 2017, Rock acquired 75 percent of Stone Companys voting stock. Excess business fair-value amortization on this second acquisition amounted to $8,000 per year. For 2018, each of the three companies reported the following information accumulated by its separate accounting system. Separate operating income figures do not include any investment or dividend income.

	Separate Operating Income	Dividends Declared
Boulder	$245,000	$120,000
Rock	85,000	28,000
Stone	150,000	42,000

A) What is the total net income attributable to noncontrolling interests?

B) What is the noncontrolling interest in Stones Income?

C) What is consolidated net income for 2018?