Pani resold one-third of this inventory to outside entities. Shalles reported net income of $200,000 for 2014.

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Question:

Pani resold one-third of this inventory to outside entities. Shalles reported net income of $200,000 for 2014. Noncontrolling interest share of consolidated net income that will appear in the income statement for 2014 is
A) $30,400.
B) $32,000.
C) $33,600.
D) $40,000.