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Big Co. purchased 60% of Little Co. stock during 2022. During2022, Little Co. sold inventory to Big Co for $100,000. Themerchandise originally cost Little Co.

Big Co. purchased 60% of Little Co. stock during 2022. During2022, Little Co. sold inventory to Big Co for $100,000. Themerchandise originally cost Little Co. $70,000.During 2022, Big Co resold 40% 2 answers

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