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Cost method consolidation entries (controlling investment in affiliate, fair value differs from book value) subsidiary reported net income of $109,440 and paid dividends of $46,080.

image text in transcribed Cost method consolidation entries (controlling investment in affiliate, fair value differs from book value) subsidiary reported net income of $109,440 and paid dividends of $46,080. for the year ended December 31, 2022? Select one: a. $87,840 b. $46,080 c. $109,440 d. $63,360

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