17) At the start of the current year, SBC Corp purchased 30 of Sky Tech Inc for $45 milion At the time of purchase, the carrying value of Sky Tech's net assets was $75 million The fair value of Sky Tech's depreciable assets was $15 million in excess of their book value For this year, Sky Tech reported a net income of $75 million and declared and paid $15 million in dividends 17) At the start of the current year, SBC Corp purchased 30 of Sky Tech Inc for $45 milion At the time of purchase, the carrying value of Sky Tech's net assets was $75 million The fair value of Sky Tech's depreciable assets was $15 million in excess of their book value For this year, Sky Tech reported a net income of $75 million and declared and paid $15 million in dividends

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17) At the start of the current year, SBC Corp  purchased 30  of Sky Tech Inc  for $45 milion  At the time of purchase, the carrying value of Sky Tech's net assets was $75 million  The fair value of Sky Tech's depreciable assets was $15 million in excess of their book value  For this year, Sky Tech reported a net income of $75 million and declared and paid $15 million in dividends  17) At the start of the current year, SBC Corp  purchased 30  of Sky Tech Inc  for $45 milion  At the time of purchase, the carrying value of Sky Tech's net assets was $75 million  The fair value of Sky Tech's depreciable assets was $15 million in excess of their book value  For this year, Sky Tech reported a net income of $75 million and declared and paid $15 million in dividends

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17) At the start of the current year, SBC Corp. purchased 30% of Sky Tech Inc. for $45 milion. At the time of purchase, the

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