Denber Co Acquired 60% of the Common Stock of Kailey Corp

Multiple Choice

Denber Co. acquired 60% of the common stock of Kailey Corp. on September 1, 2014. For 2014, Kailey reported revenues of $810,000 and expenses of $630,000, all reflected evenly throughout the year. The annual amount of amortization related to this acquisition was $15,000.
What is the effect of including Kailey in consolidated net income for 2014?

A) $31,000.
B) $33,000.
C) $55,000.
D) $60,000.
E) $39,000.