Beach Limited Is a Subsidiary of Golden Limited

Multiple Choice

Beach Limited is a subsidiary of Golden Limited. When Golden acquired its 70% interest in Beach, the retained earnings of Beach Limited were $40 000. At the beginning of the current period, Beach Limited's retained earnings had increased to $100 000. Beach also earned profit of $20 000 during the current period. The NCI's share of the equity of Beach Limited at reporting date is:

A) $36 000.
B) $30 000.
C) $6000.
D) $84 000.