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Intercompany sale of depreciable assets net income before recording any adjustments related to preconsolidation investment accounting) is $720,000. The subsidiary's recorded net income is $144,000.
Intercompany sale of depreciable assets net income before recording any adjustments related to preconsolidation investment accounting) is $720,000. The subsidiary's recorded net income is $144,000. Based on this information, determine the balance for Consolidated net income attributable to the controlling interest: Select one: a. $780,000 b. $828,000 c. $837,600 d. $792,000
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