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: Year 20X2 20x3 20X4 Summer Company Sales to Parade Corp. Net Income $208,000 $102,000 183,000 92,000 285,000 162,000 Parade Corporation Inventory, Dec. 31 Operating Income $ 72,800 $164,000 109,800 249,000 152,000 313,000 Parade acquired 60 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. 20X2 20X3 20X4 Consolidated net income Income assigned to the controlling interest