Royce Co. acquired 60% of Park Co. for $420,000 on December 31, 2010 when Park's book value was $560,000. The Royce stock was not actively traded. On the date of acquisition, Park had equipment (with a ten- year life) that was undervalued in the financial records by $140,000. One year later, the following selected figures were reported by the two companies. Additionally, no dividends have been paid. Rovce Co. Park Co. Book Value Book Value Fair Value Current assets 868,000 420,000 448,000 Equipment 364,000 280,000 400,000 574,000 210,000 210,000 546,000) (168,000) (168,000) Buildings Liabilities Revenues Expenses Investment income (1,260,000) (560,000) 700,000 420,000 Not Given 27. What is consolidated net income for 2011 atributable to Royce's controlling interest? 28. What is the noncontrolling interest's share of the subsidiary's net income for the year ended December 31 2011 and what is the ending balance of the noncontrolling interest in the subsidiary at December 31, 2011