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Jade Investments. Inc. purchased 45% of the common stock of Ivory Corporation on March 1, 2017. Ivory Corporation reports a net income of $720,000 for

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Jade Investments. Inc. purchased 45% of the common stock of Ivory Corporation on March 1, 2017. Ivory Corporation reports a net income of $720,000 for the 2017 year. Which of the following is the correct journal entry

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