Dell Company acquires 80% of Kemers Company for $500,000 on January 1, 2010. Kemers reported common stock of $300,000 and retained earnings of $210,000 on that date. Equipment was undervalued by $30,000 and buildings were undervalued by $40,000, each having a 10-year remaining life. Any excess consideration transferred over fair value was attributed to goodwill with an indefinite life. Based on an annual review, goodwill has not been impaired. Kemers earns income and pays dividends during 2010 of $100,000 and $40,000, respectively.  Assuming the equity method is applied and all shares are traded the same at the date of acquisition, compute the noncontrolling interest at December 31, 2010.

$135,600

$137,000

$112,000

$100,000