Skeene Company, the 70%-Owned Subsidiary of Probert Corporation, Had a Net

Skeene Company, the 70%-owned subsidiary of Probert Corporation, had a net income of $80,000 and declared dividends of $30,000 during the fiscal year ended February 28, 2006. Fiscal Year 2006 depreciation and amortization of differences between current fair values and carrying amounts of Skeene's identifiable net assets on the date of the business combination was $15,000; and Fiscal Year 2006 impairment of goodwill recognized in the Probert-Skeene business combination was $500. The minority interest in net income of Skeene for Fiscal Year 2006 was:

A) $24,000
B) $19,500
C) $19,350
D) $9,000
E) Some other amount