value of $50,000. The patent has a useful life of 10 years. Marea...

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Accounting

value of $50,000. The patent has a useful life of 10 years.
Marea earns income and pays cash dividends as follows:
YearNet IncomeDividends PaidAcquisition year$ 40,000$ 15,000First year$ 60,000$ 20,000Second year$ 90,000$ 30,000
What is the noncontrolling interest in Mareass second year income?

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