Q.26

Help Save & Sub Brady, Inc. a calendar-year corporation, acquires 75% of Austin Company on September 1, 2019, and an additional 10% on January 1, 2020, Totalaust amortization of $8,000 relates to the first acquisition Austin reports the following figures for 2020 Revenues Expenses Retained earnings, 1/1/20 Dividends paid Common stock $ 550,000 425,000 300.000 55,000 200,000 vithout regard for this investment, Brady Independently earns $375,000 in net income during 2020 Il net income is earned evenly throughout the year. What is the controlling interest in consolidated net income for 2020? Multiple Choice $481.250 O $464,250 Multiple Choice S481250 $464.250 $474,450 $492,000 $500,000