Dixon LtdOwns 60% of the Common Shares of Kelly Co

Dixon Ltd.owns 60% of the common shares of Kelly Co.Kelly sold a machine with a book value of $350,000 to Dixon for $410,000.When Dixon prepares its consolidated financial statements,it makes an adjustment to reduce the amortization.What is the effect of this adjustment?

A) The total decrease in amortization will flow through to ending retained earnings.
B) The total decrease in amortization will flow through to the ending non-controlling interest.
C) 60% of the decrease in amortization will flow through to ending retained earnings and 40% will flow through to the ending non-controlling interest.
D) 40% of the decrease in amortization will flow through to ending retained earnings and 60% will flow through to the ending non-controlling interest.