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Effect on consolidated net income of acquisition of affiliate's debt from non-affiliate bond) of $31,500 while the Subsidiary reported interest income (related to the bond)
Effect on consolidated net income of acquisition of affiliate's debt from non-affiliate bond) of $31,500 while the Subsidiary reported interest income (related to the bond) of $28,800. What is consolidated net income for the year ended December 31, 2022? Select one: a. $630,000 b. $655,200 c. $632,700 d. $652,500
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