Assume the same facts as in SE 5 except that Maple House purchased 80 percent of Winter
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Assume the same facts as in SE 5 except that Maple House purchased 80 percent of Winter Sweets Corporation for $40,000. After the purchase, what would be the amount, if any, of the following accounts on the consolidated balance sheet: Goodwill, Minority Interest, Common Stock, and Retained Earnings? LO1
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