(Answered) Kimball co owns 80 of the voting common stock of arlington

Accounting

Kimball Co owns 80% of the voting common stock of Arlington Corp. During 2016, Arlington had revenues of $4,800,000 and expenses of $3,700,000. The amortization of the acquisition accounting premium totaled $240,000 in 2016.

What amount should be reported in the consolidated income statement for income from noncontrolling interests? (Note: There were no intercompany sales)

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