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Tarrant, Inc., owns 80% of Boulder Corporation, and Boulder owns 80% of Corby Company. During 2016, these companies' net incomes are as follows before any

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Tarrant, Inc., owns 80% of Boulder Corporation, and Boulder owns 80% of Corby Company. During 2016, these companies' net incomes are as follows before any consolidations: . Tarrant, $180,000 Boulder, $66,000 Corby, $45,000 How much net income should Tarrant report for 2016? O A. $291,000 OB. $180,000 OC. $268,800 OD. $261,600

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