On January 1, 2012, Chamberlain Corporation pays $604,000 for a 60 percent ownership in Neville. Annual excess fair-value amortization of $22,400 results from the acquisition. On December 31, 2013, Neville reports revenues of $536,000 and expenses of $376,000 and Chamberlain reports revenues of $759,000 and expenses of $414,000. The parent figures contain no income from the subsidiary. What is consolidated net income attributable to the controlling interest?
$427,560
$536,000
$482,600
$449,960