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Effect on consolidated net income attributable to noncontrolling interest of affiliate's debt acquired from non affiliate A Parent company owns 70 percent of its subsidiary

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Effect on consolidated net income attributable to noncontrolling interest of affiliate's debt acquired from non affiliate A Parent company owns 70 percent of its subsidiary Duin 2012 the went company report net income ty itself without any investment income from Subdiary of S1275.000 and the subsidiary reports net income of 595.000. The Subsidiary had a bond payable outstanding on January 1, 2018 with a carrying value equal to 1935.000 The face amount of this bond is 850.000 The Parent acquired the bond on January 1, 2019 for $960,500 during 2012, the Parent reported interest income related to the body of 593.500 while the Subsidiary reported interest expense related to the body of 588.400. What is consolidated net income attributable to the noncontrolling interest for the year ended December 31, 20197 17500 $170.250 5205.020 5150,450 Effect on consolidated net income attributable to noncontrolling interest of affiliate's debt acquired from non affiliate A Parent company owns 70 percent of its subsidiary Duin 2012 the went company report net income ty itself without any investment income from Subdiary of S1275.000 and the subsidiary reports net income of 595.000. The Subsidiary had a bond payable outstanding on January 1, 2018 with a carrying value equal to 1935.000 The face amount of this bond is 850.000 The Parent acquired the bond on January 1, 2019 for $960,500 during 2012, the Parent reported interest income related to the body of 593.500 while the Subsidiary reported interest expense related to the body of 588.400. What is consolidated net income attributable to the noncontrolling interest for the year ended December 31, 20197 17500 $170.250 5205.020 5150,450

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