River Co. owned 80% of Boat Inc. The two companies filed a consolidated income tax return and River used the initial value method to account for the investment. The following information was available from the two companies' financial statements: 
Operating income included net unrealized gains, which are associated with transfers of inventories between the two companies, but it did not include dividends received from a subsidiary. The income tax rate was 30%.
-What was the noncontrolling interest in Boat Inc.'s net income, assuming that the separate return method was used?
Definitions:
Business Districts
Areas within a city where the main commercial activities are concentrated, including offices, retail shops, and service providers.
Prime Farmland
Land that is highly suitable for agriculture due to its fertility and ability to sustain long-term crop production.
Urban Sprawl
The uncontrolled expansion of urban areas into the surrounding countryside, often characterized by low-density residential and commercial development.
Urban Open Space
Areas in urban environments reserved for parks, green spaces, and recreational activities, contributing to environmental and public health.
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