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Question 1 6 9 pts Wilco acquires a 7 0 % interest in Seminole Corporation on January 1 , 2 0 2 2 , for

Question 16
9 pts
Wilco acquires a 70% interest in Seminole Corporation on January 1,2022, for $900,000. The book value of Seminole's identifiable net assets at that date was $800,000. One depreciable asset (5-year life) had a fair value that exceeded its book value by $50,000. Seminole reports $100,000 of net income in 2022 and paid $27,000 in dividends. What is the noncontrolling interest in net income for 2022?
Please provide your answer as a whole number
$30,000
$27,000
$24,000
$8,000
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