Planet Company acquired a 70% interest in the Star Company
in year 1. For the year ended December 31, year 2, Star
reported net income of $80,000. During year 2, Planet sold merchandise
to Star for $10,000 at a profit of $2,000. The merchandise
remained in Starís inventory at the end of year 2. For consolidation
purposes what is the noncontrolling interestís share of
Starís net income for year 2?