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Assume that no intra-entity Inventory or land sales occurred between Placid Lake and Scenic. Instead, on January 1, 2020, Scenic sold equipment (that originally cost

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Assume that no intra-entity Inventory or land sales occurred between Placid Lake and Scenic. Instead, on January 1, 2020, Scenic sold equipment (that originally cost $130,000 but had a $63,000 book value on that date) to Placid take for $86,000. At the time of sale, the equipment had a remaining useful life of flve years. For 2021 , what is the noncontroling interest's share of Scenic's net income? Assume that no intra-entity Inventory or land sales occurred between Placid Lake and Scenic. Instead, on January 1, 2020, Scenic sold equipment (that originally cost $130,000 but had a $63,000 book value on that date) to Placid take for $86,000. At the time of sale, the equipment had a remaining useful life of flve years. For 2021 , what is the noncontroling interest's share of Scenic's net income

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