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(c) If Santa Company accounts for the investment as a minority, active investment and uses the equity method to account for the investment, then Santa

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(c) If Santa Company accounts for the investment as a minority, active investment and uses the equity method to account for the investment, then Santa Company will recognize what amount of 2010 income from the investment that contributes to net income? (d) If Santa Company accounts for the investment as a minority, active investment and uses the equity method to account for the investment, then the investment will appear in the December 31, 2010 balance sheet at what amount

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