Petunia Corporation Acquired 90 Percent of the Stock of Spring

Petunia Corporation acquired 90 percent of the stock of Spring Company on January 1,20X2,for $360,000.At that date,the fair value of the noncontrolling interest was $40,000.Spring's balance sheet contained the following amounts at the time of the combination:
During each of the next three years,Spring reported net income of $70,000 and paid dividends of $20,000.On January 1,20X4,Petunia sold 3,000 shares of Spring's $5 par value shares for $90,000 in cash.Petunia used the fully adjusted equity method in accounting for its ownership of Spring Company.
-Based on the preceding information,in the consolidation entries to complete a full consolidation worksheet for 20X4,noncontrolling interest in the net income of Spring will be credited for

A) $2,000.
B) $7,000.
C) $12,500.
D) $17,500.