January 1, 2018 Book Value is $880,000

QUESTION 14 30 points Save Answer USE THE FOLLOWING INFORMATION FOR QUESTIONS 14-17. USE THE TABLE FUNCTION TO COMPETE THE QUESTIONS Blake Company acquired the control of Murphy Co, through three (3) cash acquisitions as follows: Comideration Percentage Acquired Jarwary 1, 2017 $50,000 57% January 1, 2018 $ 220,000 20% January 1, 2010 $540,000 45% The second acquisition on January 1, 2018 gave Blake significant influence over Murphy's orations and the acquisition on January 1, 2019 gave Blake control over Murphy. Any excess of the purchase price of the notions over the book value of Murphy's news was counted for a goodwill by Blake Jan 1, 2017 January 2018 January 1, 2010 Information relative to Mueby.co. Bock Ear $ 600.000 $1,000,000 190.000 11.100.000 5970.000 51.200.000 Income $100.000 $120.000 1140.000 9018 2010 Dividends 520.000 150.000 $70.000 The balance in the count investment in Murphy Canon December 1, 2017 and 2018 on kalender QUESTION 15 The balance in the account Investment in Murphy Co." on January 2, 2019 on Blake's general ledger For the toolbar, press ALT F10 (PC) or ALT+FN F10 (Mac). BIUS Paragraph Arial 14px E A Ili QUESTION 16 The balance in the account Investment in Murphy Co." on December 31, 2019 on Blakes's general ledger. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). QUESTION 17 Opoints Save Answer Blake se 5 of the stock it owns in Murphy of the 75%) on January 10, 2020, for 5.000, how much gain will it record in 2000 income statement related to the transaction For the toolbar, ALT.F10 IPO) O ALT.N.F10 Mac) BIS Paragraph Arial 1px A2 I. Xo Q5 HI