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X Co owns 8 0 % of the voting common shares of Y Co . Non - controlling interest was assigned $ 1 2 ,

X Co owns

80 %

of the voting common shares of Y Co

.

Non

-

controlling interest was assigned $

12, 000

of income in the

2020

consolidated income statement.What amount of net income did Y Co report for the year?Select one:a

. 48, 000

. 75, 000

. 60, 000

. 120, 000

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