A Ltd Holds a 60% Interest in B Ltd

Multiple Choice

A Ltd holds a 60% interest in B Ltd. B Ltd sells inventory to A Ltd during the year for $10 000. The inventories originally cost $7 000 when purchased from an external party. At the end of the year all inventories are still on hand. The tax rate is 30%. The NCI adjustment to this intragroup transaction is a debit to NCI of:

A) Nil.
B) $840.
C) $2 100.
D) $3 000.