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Millonzi Company sold land to Mueller Enterprises, its parent, on June 1, 2014. The sale price was $44,000. The land originally cost Millonzi $46,750. Millonzi

Millonzi Company sold land to Mueller Enterprises, its parent, on June 1, 2014. The sale price was $44,000. The land originally cost Millonzi $46,750. Millonzi reported net income of $99,000 and $121,...

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