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Tallahassee Corp acquires 80% of Miami Corp for $1,600,000 on Jan 1,2022 . The book value of Miami's identifiable net assets on that date is
Tallahassee Corp acquires 80% of Miami Corp for $1,600,000 on Jan 1,2022 . The book value of Miami's identifiable net assets on that date is $1,500,000. Miami reports net income of $200,000 in 2022 and pays dividends of $60,000. What is the noncontrolling interest in net assets at the end of 2022
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