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on 1/1/2019 X CO acquired 80% of Y common stock for $150,000 in the same...

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Accounting

on 1/1/2019 X CO acquired 80% of Y common stock for $150,000 in the same day the y net assets was $140,000 ,in the same date the fair value of assets and liabilities were equal .year ended 31/12/2019 Y reported income $50,000,declared dividend $30,000,X using equity methods what is non controlling interest in net income balance on 31/12/2019

Select one: a. 37,500 b. 41,500 c. 10,000 d. 4,000

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