Wilco acquires a 70% interest in Seminole Corporation on January 1, 2022, for $900,000. The book value of Seminole's identifiable net assets at that date was $800,000. One depreciable asset (5-year life) had a fair value that exceeded its book value by $50,000. Seminole reports $100,000 of net income in 2022 and paid $20,000 in dividends. What is the noncontrolling interest in net income for 2022? O $27,000 O $30,000 O Some Other Answer O $24,000 O $63,000 Question 7 O $100,000 Wilco acquires a 90% interest in Seminole Corporation on January 1, 2022, for $900,000. The book value of Seminole's identifiable net assets at that date was $800,000. Seminole reports $100,000 of net income in 2022 and paid $30,000 in dividends. What is the noncontrolling interest in net assets for 2022? O $800,000 O Some Other Answer O $863,000 O $107,000 2 pts