Required information [The following information applies to the questions displayed below.] Select the correct answer for each of the following questions. In the preparation of a consolidated income statement: Multiple Choice Income assigned to noncontrolling shareholders always is computed as a pro rata portion of the reported net income of the consolidated entity. Income assigned to noncontrolling shareholders in the current perlod Is likely to be more than a pro rata portion of the reported net Income of the depreclable assets in the preceding perlod. Assume the depreclable asset was subsequently sold in the current perlod. Income assigned to noncontrolling shareholders in the current perlod is likely to be less than a pro rata portion of the reported net income of the su depreclable assets in the preceding perlod. Assume the depreclable asset was subsequently sold in the current perlod. Income assigned to noncontrolling shareholders always is computed as a pro rata portion of the reported net income of the subsidlary