Java Company acquired 70 % of Richie Corporation on 1/13. Fair values of Richie's assets and liabilities approximated book values on that date. Java uses the initial value method to account for its investment in Richie. On 1/14, Java bought equipment from Richie for $60,000 that had originally cost Richie $125,000 and had $ 74,000 of Accumulated depreciation at the time. The equipment had a five-year remaining life and was being depreciated using the straight line method. You are preparing the worksheet for the 2015 fiscal year.
What will the noncontrolling interest's share of the subsidiary's net income before 2015? (Consider whether the equipment sale had been upstream or downstream.)