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apters 1, 2, 3, & 4) On January 1, 2021, Jackie Corp. purchased 30% of the voting common stock of Rob Co, paying $200000
apters 1, 2, 3, & 4) On January 1, 2021, Jackie Corp. purchased 30% of the voting common stock of Rob Co, paying $200000 Scheppery equity method. At the time of the investment, Rob's total stockholders' equity was $2000000 Jacke gathered the bl liabilities whose book values and fair values differed Buildings (15-year life) Book Value Fair Value $1,000,000 $1,500, Equipment (5-year life) 2,500,000 3,000,00 Franchises (10-year life) S 8 s see, e Any excess of cost over fair value was attributed to goodwill which has not been inpated Rue Capo of $100,000 during that year What is the balance in Jackie Corp's Investment in Rob Co account at December 200 Multiple Choice $2,000,000 $2.005.000 Pher
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