QUESTION 30 On Juruary 1, 20x8, Gregory Corporation courad u petent of Norwn.comparer voting stock at underlying book value. The tair value o Sur le was equal to its books value Gregory uses the cont method in accounting for its ownership of Nova. The income statement Gregory and Nova for the year 20X8 are given below: Nova Corp 120,000 Sales Revenue Dividend Revenue Total Revenue Less: Expenses Net Income Gregory Corp 200,000 +9,000 209,000 - 139,000 70,000 120,000 - 90.000 30,000 Nova paid a dividend of $10,000 for the year 20x8. If Gregory decided to use the Equity Method, what amount should be reported as non-controlling interest in net income in the consolidate income statement? $27,000 $3,000 $9,000 $97.000 See and Submit to save and submit. Click Save All Answers to save all answers, Save AA