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Question 4 Not yet answered Marked out of 1.50 Flag question X Corporation owns 80% of the voting common shares of Y Corporation. Non- controlling

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Question 4 Not yet answered Marked out of 1.50 Flag question X Corporation owns 80% of the voting common shares of Y Corporation. Non- controlling interest was assigned $24,000 of income in the 2009 consolidated income statement. What amount of net income from Y did X Corporation report for the year? Select one: a. 130,000 b. 96,000 c. 150,000 d. 120,000

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