Question 3-A: 15 marks) Pace Corporation owns 70% of Aba Corporation and 60% of Babon Corporation. Aba Corporation owns 20% of Babon Corporation Pace's investment in Aba was consummated at a purchase price $20,000 in excess of the book value. Pace's purchase of Babon was made in one transaction at a price of $30.000 above book value Aba's investment in Babon was completed at a purchase price of $10,000 in excess of the book value. The purchase price differential for all three investments was attnbutable to goodwill (There were no fair value/book value differences in assets and liabilities for each investment.) Pace's separate net income for the current year is $100,000. Aba's separate net income is $190,000, which includes a $10,000 unrealized loss on the sale of land to Pace. Babon's separate net income is $150,000. Required: Compute the income from subsidiaries, the consolidated net income, and the non- controlling interest income (MI Expenses)