Pigeon corporation acquired an 80% interest in statue company on january 1, 2014, for $90,000 cash when statue had capital stock of $60,000 and retained earnings of $40,000. the fair value/book value differential was attributable to equipment with a 10-year (straight-line) life. statue suffered a $10,000 net loss in 2014 and paid no dividends. at year-end 2014, statue owed pigeon $18,000 on account. pigeon's separate income for 2011 was $150,000. controlling interest share of consolidated net income for 2014 was