West Company acquired 60 percent of Solar Company for $334,500 when Solar's book value was $434,500. The newly comprised 40 percent noncontrolling interest had an assessed fair value of $223,000. Also at the acquisition date, Solar had a trademark (with a 20-year life) that was undervalued in the financial records by $83,000. Also, patented technology (with a 10-year life) was undervalued by $63,000. Two years later, the following figures are reported by these two companies (stockholders' equity accounts have been omitted) urrent assets Trademarks Patented technology Liabilities Revenues Expenses Investment income West Company Solar Company Solar Company Book Value 323,000 223,000 Book Value $ 643,000 283,000 433,000 Fair Value 343,000 303,000 173,000 (143,000) 173,000 (143,000) (413,000) 923,000) (423,000) 323,000 477,000 Not given Assuming Solar Company has declared no dividends, what are the noncontrolling interest's share of the subsidiary's income and the ending balance of the noncontrolling interest in the subsidiary? Multiple Choice $40,000 and $279,600. $35,820 and $311,240. $33,730 and $315,420 $29,550 and $300,440