D Remaining Time: 51 minutes, 50 seconds. Question Completion Status: Less than half of the time remains. 10 2 5 6 7 Moving to another question will save this response. Question 6 Question 6 of &j 3 points Save Antwer On July 1, 2021, Harvey, Inc., acquires 80 percent of Patterson Company for $400,000. The remaining 20 percent of Patterson's outstanding shares continue to trade at s collective value of $100,000. On that date, patent owned by Patterson with 10-year remaining life is undervalued by $120,000. Patterson has book value of net assets at $320,000 on January 1, 2021. The affiliates report the following 2021 amounts from their own separate operations: Revenues Harvey Patterson $600,000 $180,000 80,000 Expenses 340,000 Dividends 182,000 20,000 (declared quarterly) Assume Patterson's revenues and expenses occurred uniformly throughout the year. On 2021 consolidated income statement, what is the amount of consolidated net income allocated to the controlling interest? O $295,200 O $330,400 O $281,400 O $360,000