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5 points Save Answer At the start of the current year. SBC Corp purchased 20% of Sky Tech Inc for $44 million. At the time

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5 points Save Answer At the start of the current year. SBC Corp purchased 20% of Sky Tech Inc for $44 million. At the time of purchase the carrying value of Sky Tech's not assets was 570 million The fale 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 $70 million and declared and paid $ 15 million in dividends The amount of purchased goodwill is $59 million S27 million $29 million None of the other answers are correct

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