Parrot Corporation Acquired a 70% Interest in Swifti Corp

Parrot Corporation acquired a 70% interest in Swifti Corp.on January 1,2010,when Swifti's book values and fair values were equivalent.On January 1,2011,Swifti sold a building with a book value of $60,000 to Parrot for $80,000.The building had a remaining life of five years,no salvage value,and was depreciated by the straight-line method.Swifti reported net income of $200,000 for 2011.What was the noncontrolling interest share for 2011?

A) $54,000
B) $55,200
C) $60,000
D) $128,800