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D Question 1 On January 1, 2021, Anna Inc. owned 75% of the common stock of Jill Co. On that date, Jill's stockholders' equity
D Question 1 On January 1, 2021, Anna Inc. owned 75% of the common stock of Jill Co. On that date, Jill's stockholders' equity accounts had the following balances: Common stock ($6 par value) $ 300,000 1 pts Additional paid-in capital Retained earnings Total stockholders' equity 120,000 340,000 $760,000 The balance in Anna's Investment in Jill Co. account was $570,000, and the noncontrolling interest was $190,000. On January 1, 2021, Jill Co. sold 10,000 shares of previously unissued common stock for $12 per share. Anna did not acquire any of these shares. What is the balance in Anna Inc's Investment in Jill Co. account following the sale of the 10,000 shares of common stock? $403,000. O $550,000. O $570,000. $660,000. O $880,000.
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