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In the consolidated income statement of Push Company and its subsidiary, Shove Corporation, the noncontrolling interest was assigned $24,000 of income for 2009. What amount of net income did Shove report for 2009 if Push owns 80 percent of Shove?

A. $144,000.

B. $120,000.

C. $30,000.

D. $19,200.

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Category:- Accounting Basics
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