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An i vestor paid $6 00 to acquire a 29% investment in the common stock o an investee. At the end ofthe rst year, the
An i vestor paid $6 00 to acquire a 29% investment in the common stock o an investee. At the end ofthe rst year, the investee s ne investor's ending balance in its Equity-Method Investment account? Use a T-account to answer this questian. come was $11 00 and the company declared and paid a h dn encs f )00 . at s e Equity-method Investment
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