Punch corporation acquired 80% ownership of jud corporation in 2017, at underlying book value. on that date, the fair value of noncontrolling interest was equal to 20% of the book value of judy. punch purchased inventory from judy for $75,000 on august 15, 2018, and resold 80% of the inventory to unaffiliated companies on december 2, 2018, for $100,000. judy produced the inventory sold to punch for $50,000. the companies had no other transactions during 2018. based on the information given above, what amount of consolidated net income will be assigned to the controlling interest for 2018?