Problem $5-15($Algo$)($LO $5-2,5-3,5-4,5-5)$ On January $1,2023,$ Doone Corporation acquired $70$ percent of the outstanding voting stock of Rockne Company for $$420,000$ consideration. At the acquisition date, the fair value of the $30$ percent noncontrolling interest was $$180,000,$ and Rockne's assets and liabilities had a collective net fair value of $$600,000.$ Doone uses the equity method in its internal records to account for its investment in Rockne. Rockne reports net income of $$190,000$ in $2024.$ Since being acquired, Rockne has regularly supplied inventory to Doone at $25$ percent more than cost. Sales to Doone amounted to $$250,000$ in $2023$ and $$350,000$ in $2024.$ Approximately $40$ percent of the inventory purchased during any one year is not used until the following year. Required: What is the noncontrolling interest's share of Rockne's $2024$ income? Prepare Doone's $2024$ consolidation entries required by the intra$-$entity inventory transfers.