Problem $6-2($Static$)($LO $6-2)$

Porter Corporation is a primary beneficiary for Vince Company, a variable interest entity. When Porter obtained financial dentrol over Vince, any excess fair va process research and development with an indefinite life. Porter owns $15$ percent of Vince Company's common stock and participation rights that entitle it to year, Porter reports $$400,000$ of net income before consideration of its investment in Vince. Vince Company reports net income of $$100,000.$ What amount o interest?

Multiple Choice

$$60,000$

$$15,000$

$$45,000$

$$85,000$