Redfield company reports current earnings of $434,000 while declaring $26,000 in cash dividends. snedeker company earns $116,000 in net income and declares $6,500 in dividends. redfield has held a 70 percent interest in snedeker for several years, an investment with an acquisition-date excess fair over book value attributable solely to goodwill. redfield uses the initial value method to account for these shares. on january 1 of the current year, snedeker acquired in the open market $39,000 of redfield’s 8 percent bonds. the bonds had originally been issued several years ago at 92, reflecting a 10 percent effective interest rate. on the date of purchase, the book value of the bonds payable was $38,000. snedeker paid $37,000 based on a 12 percent effective interest rate over the remaining life of the bonds. what is the noncontrolling interest’s share of consolidated net income