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Little has 1,000,000 shares of $1 par value common stock outstanding. In addition, Little has 10.000 shares of $100 par, 6%, cumulative preferred stock outstan

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Little has 1,000,000 shares of $1 par value common stock outstanding. In addition, Little has 10.000 shares of $100 par, 6%, cumulative preferred stock outstan Big owns 70% of Little's common stock. In 2021. Little reports earnings of $200,000 1. Assuming Big owns 100% of Little's preferred stock, what is the income to the NC Inte

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