Peabody Company owns 90% of the outstanding capital stock of Sloane Company. During 2024 and 2025 Sloane Company sold merchandise to Peabody Company at a markup of 25% of selling price. The selling price of the merchandise sold during the two years was $20,800 and $25,000, respectively. At the end of each year, Peabody Company had in its inventory one- fourth of the goods purchased that year from Sloane Company. Sloane Company reported net income of $30,000 in 2024 and $35,000 in 2025.

Required:
Determine the amount of the noncontrolling interest in consolidated income to be reported for 2024 and 2025.