On January 1, 20X1, Port Inc. acquired 80% of the outstanding voting shares of Salut Inc. for total consideration of $1,200,000. On this date, Salut reported total assets of $1,800,000 and total liabilities of $800,000. All assets and liabilities had fair values equal to carrying values except for the following: Carrying value Fair value
Patent — $90,000
Bonds payable $150,000 200,000

The patent had a remaining useful life of 10 years as of the date of acquisition. The bonds mature on December 31, 20X4. It is now December 31, 20X2, and Pepper and Salt reported $140,000 and $80,000 of net income, respectively, in their legal entity financial statements. The investment was impaired by $20,000 in 20X2, and the impairment loss was allocated entirely to goodwill. What amount would be reported for consolidated net income attributable to the non- controlling interest (NCI) on the consolidated statement of comprehensive income (SCI) for the year ended December 31, 20X2, assuming Pepper elected to use the identifiable net assets (INA) approach?