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Mutual Investment parent P t 20% Subsidiary S 70% P S Income $300.000 *$200,000 Dividends 100,000 S0,000 *note: the income of each Company does not
Mutual Investment parent P t 20% Subsidiary S 70% P S Income $300.000 *$200,000 Dividends 100,000 S0,000 *note: the income of each Company does not include its right from the income of the other Required. Calculate P's right to S's income and S's right to P's income
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