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19. Company Pacquired 90% of the shares of Company Son Jan 1, 20x1. On Dec 31, 20x1, the incomplete income statement of and S is

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19. Company Pacquired 90% of the shares of Company Son Jan 1, 20x1. On Dec 31, 20x1, the incomplete income statement of and S is given below. Consolidated Statements P Co. S Co. Income Statement Sales 800,000 Less: COGS -200,000 Less: Dep Exp -50,000 Less: Other -225,000 Exp Income from S Co. Net Income 250,000 -125,000 -10,000 - 40,000 What amount of controlling income will be reported in the consolidated income statement? Click Sew and submit to save and submit. Click Save All Answers to save all ansuners. Income from S Co. Net Income What amount of controlling income will be reported in the consolidated income statemer $67,500 $325,000 $400,000 $392,500 UESTION 18 m the fair value method, if the investee reports any unrealized or extraordinary income extraordinary or unrealized incomes

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