Simple Company, a 70%-Owned Subsidiary of Punter Corporation, Reported Net

Multiple Choice

Simple Company, a 70%-owned subsidiary of Punter Corporation, reported net income of $240,000 and paid dividends totaling $90,000 during Year 3. Year 3 amortization of differences between current fair values and carrying amounts of Simple's identifiable net assets at the date of the business combination was $45,000. The noncontrolling interest in net income of Simple for Year 3 was:

A) $58,500.
B) $13,500.
C) $27,000.
D) $72,000.