Maple House Corporation buys 100 percent ownership of Winter Sweets Corporation for S50,000. At the time of
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Maple House Corporation buys 100 percent ownership of Winter Sweets Corporation for S50,000. At the time of the purchase, Winter Sweets' stockholders' equity consists of SI 0,000 in common stock and $40,000 in retained earnings, and Maple Houses stockholders' equity consists of $100,000 in common stock and $200,000 in retained earnings. 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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