Rojas CoOwned 7,000 Shares (70%) of the Outstanding 10%, $100 Par

Multiple Choice

Rojas Co.owned 7,000 shares (70%) of the outstanding 10%, $100 par, preferred stock and 60% of the outstanding common stock of Brett Co.Assuming there are no excess amortizations or intra-entity transactions, and Brett reports net income of $780,000, what is the noncontrolling interest in the subsidiary's income?

A) $234,000.
B) $273,000.
C) $302,000.
D) $312,000.
E) $284,000.