Summer Company sells all its output at 25 percent above cost. Parade Corporation purchases all its inventory from Summer. Selected information on the operations of the companies over the past three years is as follows: Summer Company Parade Corporation Year Sales to Parade Corp. Net Income Inventory, Dec. 31 Operating Income 20X2 $ 211,000 $ 105,000 $ 73,850 $ 163,000 20X3 186,000 95,000 111,600 249,000 20X4 270,000 165,000 144,000 302,000 Parade acquired 70 percent of the ownership of Summer on January 1, 20X1, at underlying book value. Required: Compute consolidated net income and income assigned to the controlling interest for 20X2, 20X3, and 20X4