Use the following information to answer the question (8, 9, 10) below. Paiva Corporation owns 80% of Ackroyd Corporation's outstanding common stock and Ackroyd owns 80% of the outstanding common stock of Bailey Corporation. Bailey Corporation owns 10% of the outstanding common stock of Ackroyd Corporation. The cost of the investments was equal to book value and there were not fair value/book value differences for the investments. The separate net incomes for the three affiliated companies for the year ended December 31, 2014 (excluding investment income) are as follows: Paiva Corporation, $100,000, Ackroyd Corporation, $50,000, and Bailey Corporation, $30,000. Use the conventional approach. Symbols used: P = Income of Paiva on a consolidated basis A = Income of Ackroyd on a consolidated basis B = Income of Bailey on a consolidated basis The equation, in a set of simultaneous equations, that computes Paiva Corporation income on a consolidated basis is P = $50,000+ 0.8B. P = $30,000+ 0.2A. P = $100,000+ 0.2A. P = $100,000+ 0.8A. Question 9 Ackroyd's noncontrolling interest share for 2014 is $7,609. $8,044. $15,652. $23,696. Question 10 Bailey's noncontrolling interest share for 2014 is $7,609. $8,044. $15,652. $23,696. 1 pts 1 pts