Problem

Assuming Solar Company has declared no dividends, what are the noncontrolling interest’s...

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?

a. $26,000 and $230,000 .

b. $28,800 and $252,000 .

c. $34,400 and $280,800 .

d. $40,000 and $252,000 .

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