Question: PLEASE ANSWER QUESTION SHOWING ALL WORK AND CORRECT ANSWER COMPLETELY!!! Question 2 Gem Co. acquired 80% of the common stock of Dolt Corp. on August
Question 2 Gem Co. acquired 80% of the common stock of Dolt Corp. on August 1, 2023. For 2023, Dolt reported revenues of $940,000 and expenses of $700,000, all reflected evenly throughout the year. The annual amount of amortization related to this acquisition was $18,000. What is the amount of Dolt's net income attributable to the noncontrolling interest for 2023
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