Barnard Company Owns a 60 Percent Interest in Simon Company

Multiple Choice

Barnard Company owns a 60 percent interest in Simon Company.For the year ended December 31,2016,the net income of Barnard Company was $80 and the net income of Simon Company was $10.What is the balance in the Noncontrolling Interests account on the consolidated income statement for the year ending December 31,2016?

A) $0
B) $4
C) $6
D) $48