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Dividends payable on December 31, 20X3 are as follows: Parent company - $180,000 80% owned and controlled subsidiary - $50,000 The amount of dividends payable

Dividends payable on December 31, 20X3 are as follows:

Parent company - $180,000

80% owned and controlled subsidiary - $50,000

The amount of dividends payable in the consolidated balance sheet is:

a.

$220,000
b.

$180,000
c.

$230,000

d.

$190,000

e.

None of the answers is correct

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