Use the Following Information to Answer Questions
Pentagon Company

Use the following information to answer Questions
Pentagon Company acquired 90% of Smoker Company's common stock for $1,300,000 and 40% of its preferred stock for $300,000.On January 1, 2013, the date of acquisition, the companies reported the following account balances: $\begin{array}{lrr}&\text { Pentagon Company } & \text { Smoker Company } \\\text { Preferred stock, } \$ 100 \text { par value } & \$ 800,000 & \$ 600,000 \\\text { Common stock, } \$ 10 \text { par value } & 2,000,000 & 1,000,000 \\\text { Other contributed capital } & 320,000 & 230,000 \\\text { Retained eamings } & 350,000 & 180,000 \\\text { Total stockholders' equity } & \$ 3,470,000 & \$ 2,010,000\end{array}$ The preferred stock is 10%, cumulative, nonparticipating, and has a liquidation value equal to 102% of par value.Dividends were not paid during 2012.During 2013, Smoker Company reported net income of $200,000 and declared and paid cash dividends in the amount of $120,000.
-Noncontrolling interest in the 2013 reported net income of Smoker Company is

A) $50,000.
B) $20,000.
C) $80,000.
D) $56,000.
E) none of these.