Problem Purost Co. acquired 80%of Subsidiary Company for $300,000 on January 1, 2012 when Subsidiary's book value was $280,000. The subsidiary stock...

Purost Co. acquired 80%of Subsidiary Company for $300,000 on January 1, 2012 when Subsidiary's book value was $280,000. The subsidiary stock was not actively traded. On the date of acquisition, Subsidiary had equipment (with a ten year life) that was undervalued in the financial records by $95,000. One year later, the following selected figures were reported by the two companies (stockholders' equity accounts have been omitted). Additionally, no dividends have been paid.

                                                           Parent Book Value Subsidiary Book Value

Current asset & investment         640,000                    180,000

Building                                            150,000                    120,000

Equipment                                       200,000                    110,000

Liabilities                                         (120,000)                 (30,000)

Revenues                                        (900,000)                 (350,000)

Expenses                                         600,000                    250,000

Investment income                        Not givin

What is consolidated net income for 2012 attributable to noncontrolling interest?