(b) 80% Controlled by Parent 20 % by NCI Parent Subsidiary On our consolidated income statement, we need to report (1) Consolidated Net Income; (2) Consolidated Net Income Attributable to Parent; and (3) Consolidated Net Income Attributable to NCI. Based on the example we had, which of the following statements is wrong regarding those three items: On our consolidated income statement, we need to report (1) Consolidated Net Income; (2) Consolidated Net Income Attributable to Parent; and (3) Consolidated Net Income Attributable to NCI. Based on the example we had, which of the following statements is wrong regarding those three items: (1) Consolidated Net Income = (a) + (b) + (c) OA. (2) Consolidated Net Income Attributable to Parent = (Parent's Revenue - Parent's Expenses) + (Subsidiary's OB. Revenue - Subsidiary's Expense - Excess Amortization) X 80% OC.(3) Consolidated Net Income Attributable to NCI = (b) X 20% OD. (1) = (2) + (3)