Assume the following facts relating to an 80% owned subsidiary company:
BOY Stockholders' Equity
$1,000,000
BOY unamortized AAP
125,000
Net income of subsidiary (not including AAP amortization)
210,000
AAP amortization expense
40,000
Dividends declared and paid to noncontrolling shareholders
10,000
What is the net income attributable to noncontrolling interests for the year?
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