Prater Inc

Multiple Choice

Prater Inc. owned 85% of the voting common stock of Harkin Corp. During 2021, Harkin made several sales of inventory to Prater. The total selling price was $215,000 and the cost was $105,000. At the end of the year, 40% of the goods were still in Prater's inventory. Harkin's reported net income was $400,000. Assuming there are no excess amortizations associated with the consolidation, and no other intra-entity asset transfers, what was the net income attributable to the noncontrolling interest in Harkin?

A) $51,000.
B) $53,400.
C) $60,000.
D) $66,600.
E) $32,250.