Chapter 6, Problem 6.18P

To determine

Introduction: The consolidated income is the difference between the sum of the total operating income of the parent company and the net income of the subsidiary and the unrealized inventory profits of the two. The income assigned to controlling interest is the difference between income assigned to non-controlling interest and the consolidated net income.

The amount reported as consolidated net income and income assigned to the controlling interest for 20X2, 20X3 and 20X4