Saluki Corporation establishes Rehn Company to provide services to a special sector. The governing documents limit Rehn's activities and provide for participation rights to Saluki Corporation of 40% of Rehn's net income. Saluki does not own any equity shares in Rehn. Due to limited equity investors, Rehn is not able to obtain a loan without Saluki guaranteeing the debt. There is also a cap on how much profit equity investors can earn. At the end of the second year of operations, Rehn reports net income of $200,000. Saluki reports $500,000 of net income before consideration of its interest in Saluki. How much income is attributable to Rehn's noncontrolling interest?

Question 9 options:

	None, Rehn does not meet the requirement to be a VIE
	$200,000
	$80,000
	$120,000