Petunia Company Acquired an 80% Interest in Shaman Company in 201320132013

Multiple Choice

Petunia Company acquired an 80% interest in Shaman Company in 201320132013 just once.In 2014 and 2015, Sutton reported net income of $400,000 and $480,000, respectively.During 2014, Shaman sold $80,000 of merchandise to Petunia for a $20,000 profit.Petunia sold the merchandise to outsiders during 2015 for $140,000.For consolidation purposes, what is the noncontrolling interest's share of Shaman's 2014 and 2015 net income?

A) $90,000 and $96,000.
B) $100,000 and $76,000.
C) $84,000 and $92,000.
D) $76,000 and $100,000.