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Denber co acquired 60 of the common stock of kailey corp on

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Denber Co. acquired 60% of the common stock of Kailey Corp. on September 1, 2010. For 2010, Kailey reported revenues of $810,000 and expenses of $630,000, all reflected evenly throughout the year. The annual amount of amortization related to this acquisition was $15,000.What is the amount of net income to the controlling interest for 2010?

Reference no: EM13594374

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Denber co acquired 60 of the common stock of kailey corp on : denber co. acquired 60 of the common stock of kailey corp. on september 1 2010. for 2010 kailey reported revenues of
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