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What was the non-controlling interest share of stroban

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Question - Hambly Corp. owned 80% of the voting common stock of Stroban Co. During 2011, Stroban sold a parcel of land to Hambly. The land had a book value of $82,000 and was sold to Hambly for $145,000. Stroban's reported net income for 2011 was $119,000.

Required: What was the non-controlling interest's share of Stroban Co.'s net income?

Reference no: EM131903680

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