Question $4$

On January $1,20$X$0,$ Peace, Inc., acquired $70$ percent of Silver's outstanding voting stock. No excess fair$-$value amortization resulted from the acquisition.

On January $1,20$X$0,$ Silver sold equipment to Peace for $\backslash$$$20,000.$ This asset originally cost $\backslash$$$32,000$ but had a January $1,20$X$0,$ book value of $\backslash (\backslash$$ $16,000\backslash ).$ At the time of transfer, the equipment's remaining life was estimated to be four years. Silver reported net income of $\backslash (\backslash$$ $150,000\backslash )$ for year $20$X$0.$ What is the noncontrolling interest in the $20$X$0$ income of the subsidiary?

$\backslash (\backslash$$ $42,000\backslash ).$

$\backslash (\backslash$$ $44,100\backslash ).$

$\backslash (\backslash$$ $42,800\backslash ).$

$\backslash$$$43,800.$