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10. Harry owns 25% of David. On January 1, 2012 Harry's investment account has a balance of $500,000. On that date, Harry sells 30% of

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10. Harry owns 25% of David. On January 1, 2012 Harry's investment account has a balance of $500,000. On that date, Harry sells 30% of its investment for $200,000. a. What is the balance in the investment account after sale b. What is the gain or loss on sale recorded by Harry

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