How is the answer calculated?

Effect on consolidated net income of acquisition of affiliate's debt from non-affiliate A Parent Company owns 70 percent of its subsidiary. During 2019, the Parent company reports net income (by itself, without any investment income from its Subsidiary) of $1,275,000 and the subsidiary reports net income of $595,000. The Subsidiary had a bond payable outstanding on January 1, 2019, with a carrying value equal to $935,000. The face amount of this bond is $850,000. The Parent acquired the bond on January 1, 2019 for $960,500. During 2019, the Parent reported interest income (related to the bond) of $93,500 while the Subsidiary reported interest expense (related to the bond) of $88,400. What is consolidated net income attributable to the controlling interest for the year ended December 31, 2019? O$1,870,000 O$1,688,950 O$1,660,900 O$1,691,500 Check