Angela, Inc., holds a 90 percent interest in Corby Company. During 2020, Corby sold inventory costing $84,750 to Angela for $113,000. Of this inventory, $56,400 worth was not sold to outsiders until 2021. During 2021, Corby sold inventory costing $79,300 to Angela for $122,000. A total of $53,800 of this inventory was not sold to outsiders until 2022. In 2021, Angela reported separate net income of $239,000 while Corby's net income was $121,000 after excess amortizations. What is the noncontrolling interest in the 2021 income of the subsidiary

During january 2018, the following transactions occur: january 1 purchase equipment for $20,600. the company estimates a residual value of $2,600 and a five-year service life. january 4 pay cash on accounts payable, $10,600. january 8 purchase additional inventory on account, $93,900. january 15 receive cash on accounts receivable, $23,100 january 19 pay cash for salaries, $30,900. january 28 pay cash for january utilities, $17,600. january 30 firework sales for january total $231,000. all of these sales are on account. the cost of the units sold is $120,500. the following information is available on january 31, 2018. depreciation on the equipment for the month of january is calculated using the straight-line method. the company estimates future uncollectible accounts. at the end of january, considering the total ending balance of the accounts receivable account as shown on the general ledger tab, $4,100 is now past due (older than 90 days), while the remainder of the balance is current (less than 90 days old). the company estimates that 50% of the past due balance will be uncollectible and only 3% of the current balance will become uncollectible. record the estimated bad debt expense. accrued interest revenue on notes receivable for january. unpaid salaries at the end of january are $33,700. accrued income taxes at the end of january are $10,100