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Equity Method investment with Basis Differences On january 2.2020, Begt Beverages acquired 45 percent of the stock of Better Bottiers for 530 milion in cash.

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Equity Method investment with Basis Differences On january 2.2020, Begt Beverages acquired 45 percent of the stock of Better Bottiers for 530 milion in cash. Best Beverages accounts for its investment uning the equity method. At the tirne of acquisition senter Bottles balance sheet was as followi (in millogns): (a) Prepare the 2023 entries to report the above information on Best Beverages books. Note: Enter answers using all zeros, Do not abbrevioke in milling or thovisands. =32520,000

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