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Assume the following facts relating to an 80% owned subsidiary company: ...

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Accounting

Assume the following facts relating to an 80% owned subsidiary company:

BOY Stockholders' Equity

$1,000,000

BOY unamortized AAP

125,000

Net income of subsidiary (not including AAP amortization)

210,000

AAP amortization expense

40,000

Dividends declared and paid to noncontrolling shareholders

10,000

What is the net income attributable to noncontrolling interests for the year?

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