On $1/1/2019,$ Pell Co$.$ acquired $80\%$ of Demers Co$.$ for $$500,000.$ Demers had a common stock of $$300,000$ and retained earnings of $$210,000$ on that date. Demers' buildings had a $10-$year remaining life and fair value that is $$70,000$ more than book value. For $2019,$ Demers reported a net income of $$120,000$ and paid $$50,000$ dividends. What is the noncontrolling interest in the net income of Demers for $2019?$