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Angela, Inc., holds a 90 percent interest in Corby Company. During 2020, Corby sold inventory...

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Accounting

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Angela, Inc., holds a 90 percent interest in Corby Company. During 2020, Corby sold inventory costing $105,750 to Angela for $141,000. Of this inventory, $48,600 worth was not sold to outsiders until 2021. During 2021, Corby sold inventory costing $96,850 to Angela for $149,000. A total of $51,400 of this inventory was not sold to outsiders until 2022. In 2021, Angela reported separate net income of $228,000 while Corby's net income was $100,500 after excess amortizations. What is the noncontrolling interest in the 2021 income of the subsidiary? Multiple Choice $10,050. e at. Iza $9,980 00 20 $10,330. DOC $9,466 BOC

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