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Great owns 75% of the stock of Little. At the end of the year, Little owes Great $10,000 for an intercompany loan. In consolidation, how

  1. Great owns 75% of the stock of Little. At the end of the year, Little owes Great $10,000 for an intercompany loan. In consolidation, how much of this intercompany loan should be eliminated:
    1. Zero (the full loan should remain in the balance sheet)
    2. 25%
    3. 75%
    4. All of it.

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