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Angela, Inc., holds a 90 percent interest in Corby Company. During 2020, Corby sold inventory costing $87,100 to Angela for $134,000. Of this inventory, $57,200
Angela, Inc., holds a 90 percent interest in Corby Company. During 2020, Corby sold inventory costing $87,100 to Angela for $134,000. Of this inventory, $57,200 worth was not sold to outsiders until 2...
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