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 $204,000 $106,000 179,000 96,000 231,000 166,000 Parade Corporation Inventory, Dec. Operating 31 Income $ 71,400 $ 168,000 107,400 241,000 123,200 310,000 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