QUESTION 17 Padre Corp. owned 70% of the voting common stock of Sarah Co. On January 2, 2020 Sarah Co. sold a parcel of land to Padre Corp. The land had a book value of $45,000 and was sold to Padre Corp. for $58,000. Sarah's reported net income for 2020 was $100,000. What is the non-controlling interest's share of Sarah's net income? $22,200 $35,700 $31,800 $26.100 None of the above