Q.40

Lofevor Co acquired 70% of the common stock of Dean Corp. on August 1, 2022. For 2022, Dean reported revenues of $960,000 and expenses of $780,000, all reflected evenly throughout the year. The annual amount of amortization related to this acquisition was $21000. What is the amount of the noncontrolling interest's share of Dean's income for 2022? Multiple Choice $46,375 $19,875 $54,000 $15,900 $47,700