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Continue the situation in Exercise 4-6 and assume that during 2015 Sales Company earned $190,000 anddeclared and paid a $50,000 dividend.Required: .Prepare the investment-related entries

Continue the situation in Exercise 4-6 and assume that during 2015 Sales Company earned $190,000 anddeclared and paid a $50,000 dividend.Required:

.Prepare the investment-related entries on Pert Companys books for 2015.

Prepare the workpaper eliminating entries for a workpaper on December 31, 2015.

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