Currimundi Ltd Holds a 60% Interest in Beach Ltd

Multiple Choice

Currimundi Ltd holds a 60% interest in Beach Ltd.Beach Ltd purchases inventory from Currimundi Ltd during the year for $30 000.The inventory originally cost $21 000.At the end of the year 80% of the inventory is still on hand.The tax rate is 30%.The NCI adjustment required in relation to this transaction includes a debit of which of the following?

A) Nil
B) $2016
C) $504
D) $5040