Promise corp owns 70% of Brown corp and 25% of Grower corp. In addition, Brown owns 40% of Grower stocks. In 2021, Promise, Brown and Grower reported net income of $90,000, $60,000 and $40,000 and...

Promise corp owns 70% of Brown corp and 25% of Grower corp. In addition, Brown owns 40% of Grower stocks. In 2021, Promise, Brown and Grower reported net income of $90,000, $60,000 and $40,000 and paid dividends of $45,000, $30,000 and $10,000 respectively.

 Instructions:

1. What amount  of consolidated net income will Promise report for 2021.

2. What amount of income will be assigned to noncontrolling interest in 2021.

3. What amount of dividends will be assigned to noncontrolling interest in 2021.